By Alastair Pavrey The banking sector has always been in the spotlight, for good or bad. Considered a backbone of the economy, the integrity of the institutions has been questioned due to various issues, ranging from the exponentially increasing Non-performing Asset (NPA) woes to the recent frauds making waves around the finance community. Let us look at how the sector performed in Q3 FY18, the NPA situation and how it is being resolved and finally why the MSME sector is emerging as a good proposition for banks to expand their loan portfolio, while significantly reducing the risk of “bad loans”. Banking Sector Performance Q3 FY18 As per CARE Ratings, the performance of banks continues to be stressed in Q3-FY18 as revealed by the performance of a sample of 30 banks which includes 13 PSBs and 17 private banks. Profits are under strain and the NPA issue continues to pressurize banks. ·       Growth in interest income in Q3-FY18 was 8.9% as a...

The Indian Pharmaceutical Industry Accounts for 2.4% of the Global Pharmaceutical Industry by value, and 10% by volume. Further, India accounts for 20% of the global exports in the Pharmaceutical Industry, with a Total Business of USD 16.89 Billion, which is expected to reach USD 40.00 Billion by 2020. Boosted by lower cost R&D and Production, India is able to produce high quality medicines at lower prices. It is for this very reason that the Pharmaceutical Industry attracted 4% of the total FDIs in India. As per estimations, India is believed to see investments to the tune of USD 200 Billion on medical infrastructure in the next 10 years. With favourable policies of the Government in place and focus on “Pharma Vision 2020”, the Indian Pharmaceutical Industry is expected to reach USD 250.00 Billion by 2020. REASONS FOR INDIA’S EMERGENCE AS ONE OF THE WORLD LEADERS: India’s astronomical rise in this Industry can be attributed to the following: ·     ...

M/s. FoodZeplin Pvt Ltd had approached MSMEmitra.com when they were looking to raise seed funds for their venture – www.urbannashta.com UrbanNashta.com is the Ultimate Breakfast Solution designed specifically for time crunched Gen Next, providing them with innovative recipes , delivered in time through a dynamic ordering platform . Urban Nashta prepares and delivers healthier , wholesome breakfasts through a daily rotating menu as tasty and innovative variations to common household recipes in order to maintain customer-product connect, and be perceived as the perfect solution to all breakfast related problems. The service includes In-Time Delivery , Subscription Packs , Option to Pre-Order , and Picking Personal Delivery Slots to ensure the brand breathes of convenience. The company had held talks to raise seed funds with PE Investors, but the talks came to a standstill because the parties involved could not come to an agreement on the share of profits / dilution of shares ...

Based on our extensive market research, we have found that all Scheduled Commercial banks are mandated to provide financial assistance to eligible MSMEs and Start-ups, under Stand-up India, MUDRA, and CGTMSE Schemes. However, the interest in promoting these schemes is fairly low or non-existent amongst Banks, especially Private and Foreign Banks, which is contrary to the stipulated guidelines. Recently, while assisting one of our clients in availing a Cash Credit Limit under CGTMSE Scheme, MSMEmitra.com experienced some of the problems faced by MSMEs. 'Company X' is an established market player in its field of work, providing the goods and services to big corporate clients. Company X had infused more capital into the Business in this Financial Year, to expand its operations and had a requirement for a Working Capital Cash Credit Limit of Rs. 60.00 Lacs. The company had surpassed the sales figures of the previous year within 5 months of the Current Fiscal, and were loo...