User: indiatogether Topic: Economy
Category: Microfinance
Last updated: Jun 29 2020 09:18 IST RSS 2.0
 
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Centre Committed To Reviving Economy, Help Small Businesses: Amit Shah 14.5.2020 NDTV News - Latest
Union Home Minister Amit Shah on Wednesday said the Narendra Modi government is committed to reviving the economy, help small businesses and boost employment in the challenging time of coronavirus...
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Boost For Small Businesses, Salaries In COVID-19 Package: 10 Points 14.5.2020 NDTV News - Top-stories
Private sector employees will get a boost to their take-home salaries and small and medium-sized will be offered Rs 3 lakh crore in collateral-free bank loans, Finance Minister Nirmala Sitharaman...
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Tranche 1 From Nirmala Sitharaman: Understanding What's New On Loans 13.5.2020 NDTV News - Top-stories
Government will offer bank loans amounting to Rs 3 lakh crore to small businesses, Finance Minister Nirmala Sitharaman said.
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Free power, easy loans: How Uttarakhand is trying to hold back locals who have returned from cities 13.5.2020 Scroll.in
It is encouraging migrants to set up new ventures to boost job creation in the state.
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India unveils $60 billion credit line for small businesses, lenders hit by lockdown 13.5.2020 Reuters: Top News
India's government said on Wednesday it will offer nearly $60 billion of loan guarantees for small businesses, shadow banks and power companies as part of measures to combat the economic damage caused by the coronavirus pandemic.
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Government "Prisoner Of Own Ignorance": P Chidambaram On Economic Package 13.5.2020 NDTV News - Top-stories
Former finance minister P Chidambaram today expressed his disapproval of the first tranche of the Rs 20 lakh crore fiscal stimulus announced by Union finance minister Nirmala Sitharaman. "Except for...
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45 Lakh MSMEs To Benefit Via Rs 3 Lakh Crore Loans, Says Finance Minister 13.5.2020 NDTV News - Top-stories
Finance Minister Nirmala Sitharaman announced collateral-free loans worth Rs 3 lakh crore for MSMEs with turnover up to Rs 100 crore till October 31, 2020.
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MSMEs, NBFCs get relief under Atma Nirbhar Yojana 13.5.2020 Rediff: Business
Finance Minister Nirmala Sitharaman on Wednesday announced Rs 3 lakh crore collateral free automatic loan for businesses, including MSMEs, to benefit 45 lakh small businesses. Detailing parts of the Rs 20 lakh crore economic stimulus package, she said this loan will have a 4-year tenure and will have 12-month moratorium, she said.
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TDS, TCS Reduced By 25%, Says Nirmala Sitharaman 13.5.2020 NDTV News - India-news
Union Finance Minister Nirmala Sitharaman announced relief for middle classes too today as part of the government's efforts to soften the blow of coronavirus.
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RBI Governor Meets Chiefs Of Public, Private Sector Banks 2.5.2020 NDTV News - Top-stories
The RBI chief's talks with the heads of banks comes a day after the government extended a 40-day nationwide lockdown to curb the spread of the coronavirus (COVID-19) pandemic.
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RBI's TLTRO 2.0 gets cold-shoulder from banks 25.4.2020 Rediff: Business
Such cold-shoulder by banks also indicates a credit freeze that is hard to overcome, unless the government comes out with credit guarantee schemes for loans given by banks. Since that is not happening, and there is no indication of that too, banks are not willing to listen to RBI prodding.
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'RBI may cut rates by 75 bps in FY21' 21.4.2020 Rediff: Business
The disruptions caused by COVID-19 have more severely impacted small and mid-sized corporates, including NBFCs and MFIs, in terms of access to liquidity.
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Amid Lockdown, What Will Open Tomorrow, What Won't. See Complete List 19.4.2020 NDTV News - India-news
The government has revised the list of economic activities and services to be allowed from Monday in parts of the country least affected by the novel coronavirus outbreak
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RBI reduces reverse repo rate by 25 basis points, announces TLTRO 2.0 worth Rs 50,000 cr 17.4.2020 Projects Monitor

The Reserve Bank of India (RBI) has reduced the fixed rate reverse repo rate under the liquidity adjustment facility (LAF) by 25 basis points from four percent to 3.75 percent with immediate effect. The policy repo rate remains unchanged at 4.40 percent, and the marginal standing facility rate and the bank rate will remain unchanged […]

The post RBI reduces reverse repo rate by 25 basis points, announces TLTRO 2.0 worth Rs 50,000 cr appeared first on India's first NewsPortal on Projects.

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Factbox: RBI cuts reverse repo rate, takes more steps to tackle COVID-19 impact 17.4.2020 Reuters: Top News
The Reserve Bank of India on Friday unexpectedly cut its key deposit rate for the second time in three weeks to deter banks from parking idle funds with it and to spur lending to help the economy cope with the impact of the coronavirus lockdown.
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Covid-19: Centre adds to the list of activities permitted in ‘non hotspots’ after April 20 17.4.2020 Scroll.in
Non-banking financial institutions will be allowed to operate. The Centre has also allowed the harvesting and processing of minor forest produce.
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Centre Adds More To List Of What Is Allowed After April 20 Amid Lockdown 17.4.2020 NDTV News - India-news
The government has made new additions to the list of activities that will be allowed amid lockdown in parts of the country that are least affected by coronavirus.
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Explained: The 3-month loan moratorium 14.4.2020 Rediff: Business
'Common sense says if one can afford, servicing the loans during this period is a better bet than postponing it by three months,' says Tamal Bandyopadhyay.
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'Lockdown will lead to shutdown' 8.4.2020 Rediff: Business
'You cannot start an MSME again.' 'It is not like a Yes Bank that someone comes and saves the bank.' Once the shutter is down for an MSME, nobody will come to its rescue.'
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No lockdown for aerospace, defence firms 3.4.2020 Rediff: Business
'For Indian firms supplying global majors, coronavirus is both a threat and an opportunity.'
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