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Lack of capital, skilled workforce moving to foreign companies and indigenous players' preference for imported materials are hurting
RBI panel proposes INR 5,000 crore stressed assets fund for MSMEs
As of January 2019, RBI has permitted a one-time restructuring of existing loans to MSMEs
It is imperative to bring about new technologies that could work at the grass-roots level and help find a solution to the existing NPA crisis
It is imperative to bring about new technologies that could work at the grass-roots level and help find solution to the existing NPA crisis
Ravi Venkatesan, Chairman of Bank of Baroda, recently said in an interview that the government's restrains on PSBs is affecting their growth
The recommendations are by the Mehta-Committee
As bad loans continue to plague the country's economy, it is now critical for lending institutions, to be careful about allotting loans and stringent about having a robust collection mechanism.