Debt restructuring is important to overcome the distress especially during the pandemic. However one should exercise caution while seeking initial moratorium and revising repayment schedule Recently we came across a…
Read MoreAccurate 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 MoreCOVOD19 pandemic triggered disruptions have shown how important it is to build good financial discipline alongside building sustainable competitive advantages. Recently we met an entrepreneur who has been into a…
Read MoreMany entrepreneurs opt for diversification to mitigate the risks from existing business. However, success depends upon how well it is handled from the beginning. Recently I had interacted with an…
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…
Read MoreMSMEs are offered a financing package to overcome pains from COVID19 lockdown. The package is not universal and likely to have limited impact on the segment. Govt of India recently…
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Post lockdown there is confusion about MSMEs’ real challenge- Is it temporary liquidity mismatch or long term sustainability. Recently RBI announced a relief of moratorium (to pay EMIs) to businesses…
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The extended restructuring window to assist the MSMEs in distress is a welcome step. However, its utility depends on how we draw the restructuring proposal. Finance Minister Mrs Nirmala Seetharaman…
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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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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…
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