When in distress, many SMEs chase new money and normally end in traps of mischievous elements who make tall promises and swindle money. I recently met one entrepreneur after a
There is an apprehension that merger among the PSBs may lead to deprivation of opportunities for small businesses and startups to obtain a bank loan. Govt has been pursuing the
Govt has implemented few products that benefit the workers of MSMEs if implemented comprehensively. Recently I had an opportunity to survey the financial safety net implementation by the rural population
Non-classifying stressed MSME Loan as NPA- It is not enough Govt’s recent decision to direct banks not to classify stressed MSME loans as NPA is just a temporary relief and
MUDRA loans can transform the lives of many micro-enterprises at the lower end of economic strata, however, the delivery process requires to be toned up. I have been tracking a
Many MSMEs treat disclosure in the financial statements merely a statutory compliance than an opportunity to know more deep onto their finances. Recently I came across an instance of an
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