This is credit negative for India's banks as it will limit their flexibility in managing interest rate risk, Moody's said in a statement.

According to him, 10 to 15 large players in the segment are getting bigger by adapting to the new environment.

A move aimed at ensuring faster transmission of policy rate cuts to borrowers.

In future, all GST refunds of MSMEs will be paid within 60 days from the date of application, said FM Nirmala Sitharaman.

Finance Minister Nirmala Sitharaman said the government is looking at the financial sector woes and will address them.

Finance Minister Nirmala Sitharaman and MSME Minister Nitin Gadkari met representatives from various MSME sectors on Tuesday.

Thousands of artisans, small businesses and women entrepreneurs are finding partnership with Flipkart beneficial, said Flipkart CEO.

Around 22.83 lakh MSMEs were registered on Udyog Aadhaar Portal in the country during March, 2018 to March 2019.

Flipkart is very keen on collaborating extensively with the MSMEs, ODOP and artisans in Uttar Pradesh.

GI tag conveys an assurance of quality and distinctiveness, which is essentially attributable to the place of its origin.