Thursday, 1 February 2018
Jaitley extends avenue for SME financing, bad loans in the sector now on radar
As bank credit to micro, small and medium enterprises shrink, the government has decided to get innovative by getting Non-Bank Finance Companies (NBFCs) and the burgeoning fintech industry to play a larger role in financing. However, NPAs in the MSME sector would also now undergo greater scrutiny.
You can read more here: Jaitley extends avenue for SME financing, bad loans in the sector now on radar
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Life insurers earn more in Oct selling lesser policies
The 24-company Indian life insurance industry closed last month with new business of Rs 22,776.03 crore, up by 31.87 per cent over the prev...
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