Loans to exporters have fallen steeply in the last one year, adversely affecting labour-intensive micro, small and medium enterprises.
By Sudhakar Atre, RBI has permitted to all banks and NBFCs restructuring of advances to Micro, Small and Medium Enterprises (MSME) sector stressed MSME accounts with aggregate exposure upto Rs 25 crore without downgrading the asset to substandard (NPA) category vide its circular dated January 1, 2019.
Working toward a cleaner and greener apparel industry was the mission of the Sustainable Fashion Forum, held at the California Market Center on March 7during the March 6–8 run of the LA Textile show.