Chartered Accountants in India, Financial Advisory Services, Tax Consultant

Deposit Insurance and Credit Guarantee Corporation (DICGC) permitted to increase Deposit Insurance Coverage to Rs. 5 lakh from Rs.1 lakh per depositor.
NBFCs eligibility limit for debt recovery reduced from:
- Rs. 500 crore to Rs 100 crore asset size.
- Rs 1 crore to Rs 50 lakh loan size.
Government to sell its balance holding in IDBI Bank to private, retail and institutional investors through the stock exchange.
The window for MSME’s debt restructuring by RBI to be extended by one year till March 31, 2021.
An app-based invoice financing loan product for MSMEs to be launched.

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