Rural economy is struggling with job and income losses, the true extent of which are not known since India isn't tracking or compensating; credit and liquidity risks to small businesses and crop loss due to excess rain

According to a statement, Adityanath while presiding over a meeting of high level Empowered Committee of 'Invest UP', said Noida will be developed as the biggest hub in north India

Public sector banks might perform better if they are freed from court-mandated new entry-level hiring constraints that hiring can be done through open exams, which makes it hard for PSBs to attract candidates from elite educational institutions, who have little desire to sit for yet another exam

With limited lending options and country's need for infrastructure, PSBs are increasingly choosing to lend huge amounts to large projects, especially in infrastructure, said Rajan and Acharya

RBI Governor Shaktikanta Das at an event in July had advised that banks need to raise capital on anticipatory basis to build up adequate capital buffers to mitigate risks arising out of coronavirus outbreak

Representatives of various industry bodies suggested that banks should not charge interest on interest and instead only recover the cost of finance from borrowers who availed moratorium on loans

The ministry has directly taken up the issue with the top 500 corporate groups in the country and has written e-letters to the owners, CMDs or top executives of these firms

In e-letters sent out to top bosses of the big companies, the Ministry of MSME headed by Nitin Gadkari has said that payment of past dues is very important for MSMEs' survival

Financial services would be made available from October. Bank customers would be able to avail these services at nominal charges

The latest numbers on ECLGS, as released by the finance ministry, comprise disbursements by all 12 public sector banks (PSBs), 24 private sector banks and 31 non-banking financial companies (NBFCs)

Elaborating on tasks at hand, he said FADA would also work for making auto retail business viable again by taking steps to enhance profitability of the dealer community which has been hit hard by a prolonged slowdown

As about 10 lakh people have returned to the state due to pandemic situation across the state, Patnaik said, adding that MSME sector has a major role to provide employment to the migrant workers

Referring to FM Nirmala Sitharaman's observations that the the current COVID-19 induced economic crisis was an act of God, Congress said \"this is the only government in the past 73 years which blames 'God' for its own frauds and bluster\"

While the overall outstanding bank credit (non-food) declined by 1.5 per cent at Rs 90.69 lakh crore, the agri and commercial real estate saw a marginal rise between 1-1.5 per cent at Rs 11.69 lakh crore and Rs 2.33 lakh crore, respectively

While some experts opined it would aid the tourism industry in overcoming COVID-19 pandemic's impact, others outlined the scheme's guidelines as \"restrictive\" to the NBFCs

MSME Secretary AK Sharma said that Rs 10,000 crore would come from the government and the rest -- Rs 40,000 crore -- would come from VC and PE firms

There is an increase of Rs 5,236.17 crore in cumulative amount of loans sanctioned and an increase of Rs 3,681.22 crore in cumulative amount of loans disbursed since August 18

However, disbursements against this stood at Rs 1,05,926 lakh crore till August 24. The scheme is the biggest fiscal component of the Rs 20-lakh crore Aatmanirbhar Bharat Abhiyan packag

Logistics major Blue Dart has come up with attractive pricing offers to attract new businesses; it has tweaked the business to align it with government's Vocal for Local and Make in India initiatives

Kumar, a retired 1984 batch IAS officer from Jharkhand cadre, has a 30-year-long career behind him with experience in public policy and administration across sectors