The RBI adopted multiple regulatory forbearance measures and ultra-loose monetary policy to counter economic headwinds. Now it has to work out an exit roadmap

Of this, 4.20 crore PMMY loans were sanctioned in 2020-21 alone, under which Rs 2.66 lakh crore were disbursed in the fiscal year (As on 19.03.2021)

The government has announced several measures under Aatmanirbhar Bharat package to increase availability of credit to the MSME sector, added MSME Minister Nitin Gadkari

Little attention to direct income support, health and education deprivations, and revival of small businesses will keep the demand and production of goods and services depressed in FY22

Union Budget 2021 MSME sector expectations: As part of the Centre's ECLGS programme which is valid until March 21, 2021, the Centre has already sanctioned 71.3 per cent of the Rs 3 lakh crore emergency credit to the badly affected MSMEs and businesses as of January 8, 2021

Talking about the KCC drive, the Finance Ministry recently said in a tweet that banks had issued 1.8 crore Kisan Credit Cards with a credit limit of Rs 1.68 lakh crore as of January 8, 2021

Budget 2021: Between March and November last year, the central government announced three relief packages, cumulatively worth Rs 24.35 lakh crore

The stakeholders are keenly eyeing the much-anticipated regulatory changes in incentivising the domestic and foreign investments, easing the compliance burden on startups, among other measures, during the Budget 2021

Funding remains major problem for startups and MSMEs, survey reveals; around 28 per cent listed raising funds or loans as top challenges in 2021, while another 25 per cent were worried about finding growth

SBI SVA-Nidhi loans: Banking experts say the interest rate under street vendor is quite reasonable as there is no collateral requirement

Addressing the convocation at Ambedkar University, Kejriwal said everybody should have the target of being a job provider

The Central Board of Direct Taxes (CBDT) has issued refunds of over Rs 1,45,619 crore to more than 89.29 lakh taxpayers between April 1 and December 8.

Finance Minister Nirmala Sitharaman in May had announced coverage to 2.5 crore farmers under the KCC scheme with a credit boost of Rs 2 lakh crore through a special saturation drive

In less than four years, PhonePe has emerged as the leader in UPI transactions, neck-and-neck with Google Pay, leaving behind Paytm and others. But where is the revenue model?

Paytm will absorb Rs 600 crore in MDR (Merchant Discount Rate) charged annually by banks and other charges. It will then use this amount to support MSMEs amid the ongoing COVID-19 pandemic

The scheme was announced by the government earlier this month as part of the Rs 2.65 lakh crore Atmanirbhar Bharat 3.0 package

The ECLGS 1.0 offered a collateral free credit guarantee by the government to banks for loan outstanding up to Rs 50 crore as on February 29, 2020

The FM also announced the launch of ECLGS 2.0 which will provide guaranteed credit support to 26 stressed sectors identified by Kamath Committee

Centre may come up with subsidised credit scheme for stressed sectors, including hospitality, aviation, automobile and textiles. Some sectors may even get credit without any collateral, with govt acting as a guarantor

The Emergency Loan Credit Guarantee Scheme (ECLGS) announced in May by the government as part of the 'Aatmanirbhar Bharat' package earmarked Rs 3 lakh crore collateral free automatic loans for businesses including micro, small and medium enterprises (MSMEs)