finance

Mudra Yojana: sanctioned loan amount in FY 2021 so far to MSEs

  • By Sanjana --
  • Friday, 27 Nov, 2020

Credit and Finance for MSMEs: The Modi government’s pet scheme to support entrepreneurship and self-employment – Pradhan Mantri Mudra Yojana (PMMY)…

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MSMEs send SOS for Loan Recast

Due to the COVID19 pandemic, thousands of small- and medium-sized companies in India have missed loan payments and are staring at a prolonged period…

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The ministry released the figures of procurement and payment to MSEs which are reflected on the Samadhan Portal, by the central public sector enterprises (CPSEs).

  • By Sanjana --
  • Thursday, 26 Nov, 2020

The total dues showing the total procurement and transactions from MSEs has gone up over two times to Rs 5,096.53 crore in October from Rs 2,346.82…

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Lakshmi Vilas Bank Merger with DBS Bank India Limited approves the Scheme by Cabinet

The Cabinet, chaired by the Prime Minister, Shri Narendra Modi has given its approval to the Scheme of merger  of Lakshmi Vilas Bank Limited (LVB)…

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Lakshmi Vilas Bank merge with DBS Bank, NSE, BSE suspends trading from 26th November 2020

The Central government via a Finance Ministry notification on November 25 has sanctioned the final scheme of merger between Lakshmi Vilas Bank (LVB)…

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RXIL initiates first Trade Credit Insurance transaction with Tata AIG General Insurance

  • By Sanjana --
  • Thursday, 26 Nov, 2020

The adoption of Trade Credit Insurance on TReDS will pave the way for a completely digital bite-sized credit insurance model. Buying credit insurance…

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The Role of Accounting in Business and Why It’s Important for Businesses

  • By Siddhi --
  • Wednesday, 25 Nov, 2020

The term accounting is very common, especially during tax season. But before we dive into the importance of accounting in business, let’s cover the…

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Rationalisation of tax provisions for MSMEs

  • By Sanjana --
  • Wednesday, 25 Nov, 2020

Seeing the growing trend around creation of MSMEs for wealth succession, it is imperative that more clarity is brought about certain provisions of the…

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