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Biz2Credit Advisor Finance Ministry is planning to carry forward the banking services to rural areas. The proposed move is a fillip to SMEs functioning in rural India. It is also going to act as a boon for the people of rural India. In the central budget that was tabled in February, the Finance Minister committed himself to take ...
TAGS Tags: banking services, Finance Minister, Finance Ministry, General Credit Cards, Kisan Credit Cards
CATEGORIES Business Credit Cards, Industry Expert, Marketing Tips
The credit policy announced by Reserve Bank of India (RBI) has direct and indirect effects on MSMEs. They are meant for stepping up credit flow to small and medium enterprises and all public sector banks need to implement them to help the credit become accessible.
- The RBI has decided to make ...
Most of the SMEs lack proper financial reporting systems leading to non availability of credit from banks. Credit ratings which can be defined as assessment of credit worthiness of the business based on industry comparables as well as non quantitative variables can benefit both parties by coming up with uniform standards. Credit ratings help financial institutions to get ...
TAGS Tags: Banks, Credit ratings, Growing indian economy, Securities and Exchange Board of India (Sebi), SMEs
CATEGORIES Business Credit Cards, Uncategorized
