FIDC seeks liquidity support for NBFCs for on-lending to MSMEs
The Hindu
‘With the changing economic environment and the associated developments, NBFCs, especially, small and medium sized ones, are facing liquidity crunch.’
Finance Industry Development Council (FIDC) has written to the government requesting setting up of a refinance window for non-banking financial companies (NBFCs), especially smaller players, for on-lending to the MSME sector. In a letter addressed to Union Minister for Micro, Small and Medium Enterprises (MSMEs) Nitin Gadkari, FIDC said banks are one of the major sources of funding for NBFCs, with the small and medium sized non-bank players being totally dependent on banks.
Union Cabinet approves coal export policy, allowing 50% of auctioned coal for any industrial use and export.
Union Cabinet approves coal export policy, allowing 50% of auctioned coal for any industrial use and export.
Cabinet approves a bill to increase FDI in the insurance sector to 100%, enhancing growth and business ease.
Sensex surges nearly 450 points driven by metal shares and positive global trends, with Nifty also rising above 26,000.
Sensex rises nearly 450 points amid metal shares buying and positive global trends, with Tata Steel and Maruti among top gainers.
India and New Zealand are working to expedite Free Trade Agreement negotiations to enhance trade and investment benefits.
The rupee falls 9 paise to a record low of 90.41 against the dollar amid trade deal uncertainties and foreign fund outflows.
Mercedes-Benz India will increase vehicle prices by up to 2% in January to counter rising costs and currency pressures.
CCI is investigating if IndiGo violated competition norms amid significant flight disruptions and concerns over its dominant market position.
The Coal Controller Organisation is appointed to regulate and register proposed coal exchanges, enhancing market competition and oversight.
The rupee hits a record low amid U.S. trade stalemate and portfolio outflows, prompting potential RBI intervention.
November 2025 sees robust growth in India's auto industry, with record sales in passenger vehicles, two-wheelers, and three-wheelers.
Stock markets soar as Sensex and Nifty extend gains in early trade, driven by positive global trends and U.S. rate cuts.