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August 12, 2024
The RBI’s notification dated 9th August 2024 mandates that all entities, including banks, non-banking financial companies (NBFCs), and other financial institutions that provide credit, must submit credit information on individuals and businesses on a fortnightly basis. This measure aims to enhance credit monitoring, ensure timely data collection, and improve the accuracy of credit reporting, contributing...
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The Union Budget 2024-25, while presenting a broad spectrum of measures to stimulate economic growth, has introduced several provisions directly impacting Small and Medium Enterprises (SMEs) access to finance. This analysis delves into the key implications of the budget on SME funding, examining changes in the investment landscape, government support schemes, and credit guarantees. Changes...
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