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Accurate classification of entries in the book of account is a basic requirement for proper representation of financial standing before lenders and other stakeholders. Recently we were approached by one…
Read MoreThe MSMEs which are leveraged will find going will be very challenging in the present circumstances. This should enhance the appreciation for prudent financial management. Recently I had a call…
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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…
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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…
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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…
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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…
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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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