CREDIT RANKING

Why is India still lagging behind in ease of doing business?

Scores of compliances, land and labour challenges and tedious bureaucratic processes doesn’t quite tantamount to efficiency for businesses in India. A range of policies and reforms is the need of the hour to uplift India’s position in a real sense.

World Bank comes out with corrected Doing Business rankings, lowers China place by 7 notches

In August, the World Bank had decided to pause the publication of its Doing Business report following a number of irregularities regarding changes to data in previous reports.

The Rs 3 lakh crore Emergency Credit Line Guarantee Scheme: Opportunities and gaps

As part of the AatmaNirbhar Bharat reforms, the Government extended the Scheme until March 31, 2021 and included 26 stressed sectors including healthcare as its beneficiaries.

JSW Steel raises up to $250 million by selling bonds overseas

The bonds, which opened for subscriptions Monday likely obtained an order book, three times higher than the actual size. Standard Chartered, Deutsche Bank, Credit Suisse helped the company mopping up the funds.

Simplifying tax regulations could improve India’s rank in Ease of Doing Business index

As per the research report by Deloitte, India’s overall ranking gets pulled down due to lower score in taxes department. The country could simplify TCS and TDS and could improve this score, the Tax Policy Paper titled ‘Tax deduction and collection at source Easing compliances in India’ said.

From 'haves' to 'have-nots': How Covid is swelling UK's subprime ranks

That is the fate facing thousands of Britons who, often for no fault of their own, could begin 2021 as "subprime" borrowers if they have had more than six months' of relief from COVID-19 debt woes.

How to get loans even with a low credit score

The cut-offs in credit scores used for evaluating loan applications can vary across lenders. Some lenders set a high cut-off in credit scores while approving loan applications while others may approve loans to those with a lower credit score.

ETRise Top MSMEs Ranking: This company wants to solve finance issues for MSMEs with loans at a click

FlexiLoans offers SMEs a lending solution which focuses on the three key aspects of technology, products and partnerships.

ETRise Top MSMEs Ranking: Serving the unserved, Vivifi aims to provide digital credit to 300 million Indians

Tackling the issue of unbelievably low penetration of credit in India, Vivifi India Finance is providing a user-friendly line of credit with no penalty charges and credit limits as low as Rs 500.

DPIIT working on credit guarantee, seed fund schemes for startups

The government had launched Startup India Action Plan in January 2016 to promote budding entrepreneurs in the country. The plan aims to give incentives such as tax holiday and inspector raj-free regime and capital gains tax exemption.

Voda Idea considers credit enhancement to make investments more attractive for investors

The telco is working with Mumbai-based InCred Capital and its US investment banking partner PJT Partners along with BNP Paribas on a fundraising structure, including common equity, equity-linked and hybrid debt instruments.

Record stimulus slows credit downgrades of Indian companies

Yield premiums for AAA ranked 10-year rupee company notes over similar-maturity sovereign debt have declined to 80 basis points from 152 at the end of May, the highest since 2009, according to data compiled by Bloomberg.