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The Reserve Bank of India issued a principle-based resolution framework for addressing defaults from borrowers owing to Covid-19 related stress. The resolu...
The finance ministry recently decided to extend the Emergency Credit Line Guarantee Scheme to individuals. It has also allowed loans to larger MSMEs (Micro...
The Union government has launched PM-SVANidhi- Pradhan Mantri Street Vendor’s Atmanirbhar Nidhi, which is a micro credit scheme for providing affordable...
Recently, the Reserve Bank of India came up with a modified framework for Financial Market Infrastructure and Retail Payment Systems to ensure the safety a...
This year countries all across the globe have witnessed unprecedented turmoil due to the impact of the Covid-19 pandemic. Many industries have been hardly...
The Reserve Bank of India issued a notification for an amendment to Master Direction on KYC (Know Your Customer) wherein the regulated entities must carry...
The Remission of Duties or Taxes on Export Products (RoDTEP) Scheme has been formed by the Indian government. It is a scheme that replaces the existing MEI...
What is Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE)? It is one of the government-sponsored schemes for Micro, Small and Medium Ent...
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Gold loans are among the most popular loan types, particularly in rural India. Millions of peop...
The Reserve Bank of India (RBI) has recently issued new guidelines aimed at reducing unfair cha...
Corporate tax plays an important role in selecting the ideal location for setting up a business...
The United Arab Emirates (UAE) is recognized as the top global destination for innovation and i...
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