Blog

The RBI has amended MSME lending rules to raise the collateral-free loan limit for micro and small enterprises to Rs 20 lakh, aiming to improve last-mile credit access. The revised norms will take effect from April 1, 2026. New Delhi: The Reserve Bank of India (RBI) on Monday announced amendments to its lending directions for the micro, small and medium enterprises (MSME) sector, raising the collateral-free loan limit for micro and small enterprises (MSEs) to Rs 20 lakh in a move aimed at improving access to institutional credit for smaller businesses. Collateral-free loans mandated up to Rs 20 lakh Under…

The board approved the allotment of 77.18 lakh equity shares to 21 warrant holders, raising about Rs 86.83 crore from the final tranche of warrant payments. Mumbai: Shares of consumer staples and rice processing company GRM Overseas are in focus as the company has shared details about the significant expansion of its equity capital. As per the information available, the company has concluded the conversion of all outstanding warrants along with the allotment of additional bonus shares. The company, in an exchange filing, said that its board has approved the allotment of 77,18,000 equity shares with each having a face…

Vedanta Group Chairman Anil Agarwal has called for a radical shift in India’s energy strategy, urging the government to move from "heavy regulation to facilitation" to unlock the nation's untapped hydrocarbon potential. New Delhi: Noted industrialist and Vedanta Group Chairman Anil Agarwal on Monday said that the world doesn’t want India to produce but only wants it to be a market. "The world doesn’t want India to produce. It only wants India to be a market. But only domestic production creates jobs, which is proven in other parts of the world. We must push back. We must fight to be…