Swaminathan J

Institutional credit score to agriculture reached an all-time excessive of ₹25.10 lakh crore throughout 2023-24

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Institutional credit score to agriculture reached an all-time excessive of ₹25.10 lakh crore throughout 2023-24, reflecting the significance of financing in driving agricultural development, based on RBI Deputy Governor Swaminathan J. He additionally highlighted that Indian agriculture faces a demographic problem, with the typical age of farmers now at 50.1 years, underscoring the necessity to … Read more

MSMEs usually chorus from invoking statutory provisions in opposition to consumers over delayed funds: RBI Dy Guv Swaminathan

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MSMEs (micro, small and medium enterprises) usually chorus from invoking statutory provisions, which entail penalties, in opposition to consumers delaying funds because of weak bargaining energy and the concern of shedding future enterprise alternatives, mentioned Swaminathan J, Deputy Governor, Reserve Financial institution of India. “MSMEs generally encounter a persistent subject of delayed funds. The delay … Read more