The official further said that the RBI only partially restored this classification to the extent of Rs. 20 lakhs per borrower. Hence, NBFCs funding to MSEs is now restricted. The micro, small and medium enterprise (MSME) industry bodies have requested that the Reserve Bank of India (RBI) classify credit provided by banks to non-banking financial […]
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Focus on certain countries and products has led to increased exports. Can this be sustained? INDIA’S MERCHANDISE foreign trade data for October 2024 came packed with a pleasant surprise. The export value of 10 key products was the highest ever in India’s trade history. Non-petroleum product exports were also at a record $34.61 billion. A […]
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