“With regard to any kind of movement of stress in the retail and MSME sector we are very closely monitoring, yes there is a visibility of little bit stress from the past data but it is not alarming,” Jain said in the post monetary policy conference while interacting with reporters. “We are constantly engaged with the regulated entities, particularly the outlier banks and NBFCs.”
State Bank of India (SBI) on Wednesday reported a 55% surge in its June-quarter net profit at ₹6,504 crore, paced by lower provisions, higher fee incomes, and one-time recovery from the Kingfisher Airlines loan account.
Building a great software application is undoubtedly the main objective for any SaaS company. Backed by in-house experts and professionals, Shopaccino envisions to be a key player in driving businesses by making them SEO friendly to ultimately help them in transforming their brand towards growth and development.
The Government of India gives several loan schemes to further finance the small-scale businesses which can be used for running their operations, buying new equipment, increasing their business and more.
SunStar
+ June 27, 2021 TO FURTHER aid micro, small and medium enterprises (MSMEs) in their digital pivot, Ayala-led Globe Business, Globe’s MSME arm, has launched its 2021 Saludo SME campaign.
Fernando Zobel de Ayala, in his speech during the media launch, emphasized the group’s commitment to be a trusted partner in every entrepreneur’s business growth.
“This year’s theme is ‘Tuloy Tayo.’ We aim to inspire hope among all our partners and clients, most especially now that we are beginning to see some recovery from the pandemic. Throughout this campaign, Globe will be presenting customized business solutions, learning sessions and recognition programs,” Ayala said.