IndiaFilings - Business Registration - Guides & Articles

Oct - 2021

28

Long Term Rural Credit Fund (LTRCF ) Scheme Long Term Rural Credit Fund (LTRCF ) Scheme The Reserve Bank of India has allocated funds under Long Term Rural Credit Fund (LTRCF ) for 2021-22 to meet the long-term investment credit needs of agriculture activities supported by Cooperative Banks and Regional Rural Banks (RRBs). Accordingly, Nati ...

Oct - 2021

20

e-RUPI Digital Payment e-RUPI Digital Payment Recently, on 2nd August 2021, the Prime Minister of India launched a new digital payment platform named ‘e-RUPI’. e-RUPI is basically a pre-paid voucher that a beneficiary gets in the form of an SMS or QR code to avail the same for specified services. In coming times, it is m ...

Oct - 2021

15

Extension of FCRA Registration Certificate Validity Extension of FCRA Registration Certificate Validity The Ministry of Home Affairs (MHA) has announced the extension of the validity period of the Foreign Contribution (Regulation) Act (FCRA) registration certificates. FCRA registration is mandatory for associations and NGOs to receive foreign funds. ...

Aug - 2021

10

Baroda Covi Healthcare Scheme Baroda Covi Healthcare Scheme Stepping up the fight against COVID -19 and helping Micro and Small Enterprises (MSEs) battle the prevailing situation, the Bank of Baroda has launched Baroda Covi Healthcare Scheme. As part of this financial scheme, assistance is provided for MSEs/Businesses which are ...

Aug - 2021

03

BOI Star Aarogyam Scheme for MSME BOI Star Aarogyam Scheme for MSME To provide enhanced support to the healthcare sector amid the pandemic, the Bank of India (BOI) has launched the BOI Star Aarogyam Scheme. As part of this financial scheme, qualified medical practitioners can avail of loans up to Rs 100 crore for setting up Clinics ...

Aug - 2021

03

RBI extends Interest Equalization Scheme for Exporters RBI extends Interest Equalization Scheme for Exporters On account of the prevailing lockdown in India for the COVID-19 pandemic and to provide relief to exporters, RBI extends the Interest Equalization Scheme for Pre and Post Shipment Rupee Export Credit for a further period of three months, i.e., ...

Jun - 2021

07

Emergency Credit Line Guarantee Scheme – ECLGS 4.0 Emergency Credit Line Guarantee Scheme – ECLGS 4.0 To support Covid-hit MSMEs further, the Ministry of Finance has further enlarged the scope of the Emergency Credit Line Guarantee Scheme and issued the fourth revision of the scheme - ECLGS 4.0. Ministry has announced a three-month extension of thi ...

Jun - 2021

02

RBI Resolution Framework 2.0 for MSME RBI Resolution Framework 2.0 for MSME Because of the uncertainties created by the resurgence of the COVID-19 pandemic in India, RBI vides a notification dated May 5, 2021, has announced Resolution Framework 2.0 for MSME - Resolution of Covid-19 Related Stress of Micro, Small and Medium Enterprises ...

May - 2021

25

SBI announces COVID-19 related Credit Schemes SBI announces COVID-19 related Credit Schemes SBI announces COVID-19 related Credit Schemes for borrowers whose operations are impacted by the Coronavirus outbreak. A maximum loan amount of upto Rs 200 Crores or 10 percent of the existing fund-based working capital limits can be availed under this ...

May - 2021

25

SIDBI Assistance to MSMEs For Recovery & Organic Growth During Covid19 Pandemic (AROG Scheme) SIDBI Assistance to MSMEs For Recovery & Organic Growth During Covid19 Pandemic (AROG Scheme) Stepping up the fight against COVID -19 and helping Micro and Small Enterprises (MSEs) battle the prevailing situation, the Small Industries Development Bank of India has launched SIDBI Assistance to M ...