Credit Guarantee Fund Trust for Micro and Small Enterprises Current Affairs, GK & News
The National Bank for Agriculture and Rural Development (NABARD) announced the introduction of a dedicated debt and credit guarantee scheme for non-banking financial companies and microfinance institutions to make sure the abundant flow of credit in COVID-19 affected rural areas. Functions of NABARD National Bank for Agriculture and Rural Development is the apex development finance ..
The U.K. Sinha committee constituted by the Reserve Bank of India (RBI) to study the problems faced by MSMEs has recommended constituting stressed asset fund for domestic micro, small and medium enterprises (MSMEs) as a relief to small businesses hurt by demonetization, the goods and services tax and an ongoing liquidity crunch. Stressed Asset Fund ..
Topics: Credit Guarantee Fund Trust for Micro and Small Enterprises • demonetization • distressed asset fund • Goods and services tax • Liquidity Crunch • MSME • National Council for MSMEs • National Credit Guarantee Trust Company • Non-performing Asset • NPA • Pradhan Mantri Mudra Yojana • PSBLoansIn59Minutes • RBI • Reserve Bank of India • Sick Units • Stand-up India • Stressed Asset Fund • U.K. Sinha Committee