Allow cash flow-based lending for MSMEs: industry body to RBI

Under cash flow-based lending, banks extend credit to companies considering their future sales projection; it is one of the relief measures MSMEs have sought amid coronavirus crisis

Read more: https://www.businesstoday.in/current/eco...

Actual news in your location


Similar news

Eight core industries' output contracts 8.5% in August 0 0 666
Dhanlaxmi Bank shareholders vote out CEO Sunil Gurbaxani 0 0 666
This stock turned Rs 1 lakh into Rs 37 lakh in ten years, did you miss the rally? 0 0 666
India's current account surplus rises to $19.8 billion as trade deficit narrows 0 0 666
CAMS grey market premium falls 15% ahead of listing 0 0 666
BPCL shares fall over 9% as govt extends bid deadline for stake sale 0 0 666
COVID-19 effect: UK GDP falls by nearly 20% in Q2; suffers record collapse 0 0 666
Bengaluru-based venture capital firm launches startups funding programme 0 0 666
Why Future Enterprises share fell 4% after three sessions of gains 0 0 666
LVMH countersues Tiffany & Co in bid to drop $16 billion acquisition 0 0 666