 "Reserve Bank of India")
RBI's panel on MSMEs bats for Rs 5,000-crore stressed asset fund
A Reserve Bank of India (RBI) committee has recommended doubling collateral-free loans for micro, small and medium enterprises (MSMEs), self-help groups, and borrowers falling under the Pradhan Mantri Mudra Yojana to Rs 20 lakh. The eight-member expert panel, headed by former Securities and Exchange Board of India chairman U K Sinha, has also suggested creating a stressed asset fund of Rs 5,000 crore to protect the sector from distress caused by external circumstances. Read more...
National e-commerce policy after a year, no change in FDI guidelines
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