Govt Approves ₹100 Crore Credit Guarantee Scheme To Strengthen MSME Manufacturing Sector
The Indian govt approved the launch of the Mutual Credit Guarantee Scheme (MCGS), designed to improve access to credit for MSMEs in the manufacturing sector.
RBI Report Highlights Resilience Of Indian Economy And Financial System Amidst Global Risks
The Reserve Bank of India’s (RBI) latest Financial Stability Report, released on Monday, highlights the strong macroeconomic fundamentals supporting the Indian economy.
RBI Imposes Restrictions On Four NBFCs Over Regulatory Violations
The RBI has imposed strict regulatory actions on four NBFCs - Asirvad, Arohan, DMI, and Navi - over major supervisory concerns.
RBI Proposes More Frequent Credit Reporting To Improve Transparency
RBI is considering a proposal to increase the frequency of credit information reporting to CICs to every two weeks or even shorter intervals.
