MSME financing

MSME financing: PSU banks to adopt digital credit assessment model

The government's initiative to develop a digital credit assessment model for MSME financing marks a significant step towards improving access to finance for small businesses. #MSMEfinancing #MSMEs #policy #credit #loans #PSUs Read more »
IMF, RBI

PSU bank privatisation: Will the government bite the bullet?

The Union government plans to introduce a bill in monsoon session of Parliament to facilitate stake dilution and privatisation of public sector banks (PSU Banks). Read more »
Indian aviation, air India, indigo

Air India is a bright start; Govt must build on PSU privatisation momentum

Air India sale must embolden the government to hasten its PSU privatisation and asset monetisation programmes. Read more »
India's finance ministry to encourage bankers to take bold lending decisions.

Modi govt takes steps to reassure PSU banks to take bold lending decisions

PSU banks have been asked to set up panel of senior officers to oversee the progress of disciplinary and internal vigilance cases to avoid harassment. Read more »
FM Nirmala Sithraman meets PSU bank chiefs

Modi govt launches e-auction platform for stressed assets of PSU banks

Gross NPAs of PSU banks declined from Rs 8.96 lakh crore in March 2018 to Rs 7.27 lakh crore in September 2019. Read more »
policy circle image

Loan mela effect: PSU banks’ disbursals soar to Rs 2.5 lakh crore in October outreach

The outreach was meant to boost economic growth in the wake of a slowdown induced by lack of demand. Read more »
policy circle image

Govt boosts PSU banks’ capital base by Rs 60,314 crore

Modi government had made a provision of Rs 70,000 crore in the Budget for 2019-20. Read more »