MSME Archives - Topnewsplus

RBI issues clarification on voluntary gold, silver collateral for agriculture and MSME loans

Topnewsplus2 months ago03 mins

The Reserve Bank of India (RBI) has issued an important clarification regarding collateral norms for agriculture and MSME loans. According to the latest guidelines, if a borrower voluntarily pledges gold or silver for a loan, it will not be considered a violation, even in cases where loans are categorized as “collateral-free.” RBI made it clear…

71% of manufacturing MSMEs say govt-skill training schemes didn’t help: Report

Topnewsplus2 months ago04 mins

The government skill and talent initiatives are not effectively reaching the Micro, Small and Medium Enterprises (MSMEs) engaged in the manufacturing activities, as a staggering 71 per cent of small firms say government-run skill-training programmes haven’t helped them, according to a report by Cushman & Wakefield. The report observed that approximately 61 per cent of…