Indian government and RBI have been announcing various measures to improve lending to small and medium businesses.
Indian government has clarified that MSME loans announced recently to help micro, small and medium businesses to deal with coronavirus led economic slump will be allocated at a preferential rate of
Prime Minister Narendra Modi made a big announcement which cheered investors and economists but soon people started questioning about the details.
Indian Finance Minister clarified many things about the stimulus package announced by Modi government. The government has taken many steps to help housing and real estate sector.
Indian Banks, both private and public sector, aren’t lending to small businesses and individuals as they used to do in the past.
Indian government is seriously considering the idea of creating a ‘Bad Bank’ in order to resolve Indian banking sector’s NPA crisis.
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