Wednesday, January 2, 2019

Extend loan restructuring scheme to MSMEs not yet registered under GST

Extend loan restructuring scheme to MSMEs not yet registered under GST The RBI on January 1 allowed a one-time restructuring of the existing debt of up to Rs 25 crore for the companies that have defaulted on payments but their loans have continued to be classified as standard assets.

from Moneycontrol Business News http://bit.ly/2R5EU6S
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Global Market Today: Asian stocks hit record highs, oil heads for weekly loss

Asian stocks reached a record high, fueled by optimism that the reopening of the Strait of Hormuz will normalize oil flows and ease inflatio...