China has issued guidelines on developing its social credit system, which is aimed at promoting trust in companies and individuals
Although year-on-year growth across key metrics has yet to reach pre-pandemic levels, there has been positive momentum for credit demand
"The need is to have a right set of policies and enabling framework which guide and support MSMEs to effectively handle their existing problems and venture into new areas," Das said
Gen Z is the newest generation born between 1995 and 2015
The industry body has also demanded up to 75 per cent quota for locally-made telecom equipment to reduce imports
Interest rates will likely fall to 3.15% for export credit in dollar terms and 7.35% in rupee terms
CRL was launched in September by MFIN and Sa-Dhan, an RBI-recognised association of MFIs, along with Finance Industry Development Council, an association of NBFCs
Authorities have taken more steps recently to help the shadow bank sector, which plays a vital role in getting money to everyone from small merchants to property tycoons
High-yield and investment-grade notes are headed for losses in both euros and dollars - the first time all four asset classes have posted negative total returns since 2008
In contrast, credit to services sector jumped to 19.5% by the end of March 2017