All MSME/agriculture borrowers are eligible for a loan up to Rs 10 crore and others up to Rs 50 crore
Merchants of popular items from toys to apparel have worried that the temporary ban on stocking goods in Amazon warehouses
Don't be afraid to approach the lender for loan restructuring
The technological interventions were necessitated by the increasing cases of defaults in the microfinance segment
Those who have loans running should set up a contingency fund
At present, banks do not share with CRAs details of a company's existing and future borrowing
Foreclosing a loan other than floating-rate home loan attracts foreclosure charges, which can range between 2 per cent and 6 per cent
Consolidating several loans into one that has a lower interest rate and using increments and bonuses to pay off loans will also help you tackle high leverage
Other options for businessmen include loan restructuring and consolidation