- They have entered into a partnership to launch the Asset Restructuring Web Module for MSMEs (ARM-MSMEs).
- The web portal will help MSMEs to get benefits of RBI’s MSME restructuring guideline.
- The web module is also termed as Do-It-Yourself (DIY) asset restructuring web module which will help MSMEs to draft restructuring proposals by keeping only the most essential data of their past financials, future projections and restructuring requirements.
- The drafted proposal can be then submitted online to the banks and reports can also be generated for submission to banks through email or in hard copies.
- This portal is also tested by some of the leading banks for use by their MSME clients.
- Also, Punjab National Bank and Indian Bank have agreed to accept restructuring proposals received by MSMEs from this web module.
- Static Part:
- HQ of SIDBI: Lucknow, Uttar Pradesh
Question:
Q.1 Who among the following launched Asset Restructuring Web Module for MSMEs (ARM-MSMEs)?
a. SIDBI
b. India SME Asset Reconstruction Company (ISARC)
c. SEBI
d. Both (b) and (c)
e. Both (a) and (b)
a. SIDBI
b. India SME Asset Reconstruction Company (ISARC)
c. SEBI
d. Both (b) and (c)
e. Both (a) and (b)
