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MSME ACCESS TO CREDIT
RBI allows guarantee cover for TReDS financing in fresh directionsThe Reserve Bank of India has enhanced credit access for MSMEs by allowing financiers on TReDS platforms to secure guarantee cover for fina...- MSMEs nursery of entrepreneurship, key to Viksit Bharat vision: RBI Guv Sanjay MalhotraRBI Governor Sanjay Malhotra lauded MSMEs as crucial for India's growth, highlighting their role in entrepreneurship and employment. He not...
- MSMEs are India's entrepreneurship nursery, RBI to continue strong support: Governor MalhotraEmphasising the Reserve Bank of India (RBI) continued committment to the MSME sector, RBI Governor Sanjay Malhotra on Sunday described Micr...
- Pema Khandu inaugurates Arunachal Pradesh Bamboo & Cane Technology Centre at Gungu near ItanagarArunachal Pradesh Chief Minister Pema Khandu inaugurated a new Bamboo and Cane Technology Centre. with an aim to transform the state's bamb...
- Credit cover for collateral-free education loans may be raised at inter-ministerial consultationsThe government is exploring increasing the credit guarantee cover for education loans. This move aims to allow banks to offer loans exceedi...
- China out, India in? The Japanese begin a quiet but powerful pivotJapanese banks are increasingly shifting their Asia strategy from China to India and Southeast Asia as slowing growth, rising costs and geo...
- India's MSME growth remains concentrated despite expansion in credit and formalisation: ReportThe study highlights the geography of MSME growth in India and calls for more balanced, targeted expansion of enterprise activity and forma...
- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsIf the US-Iran ceasefire holds, the markets may see some recovery. The movement of crude oil prices and its impact on the markets supports ...
- Drip Capital partners with YES BANK to boost trade finance access for MSMEsThis collaboration combines Drip Capital's digital platform with YES BANK's banking infrastructure to address the credit gap, offering fast...
- M1xchange’s S2S platform crosses Rs1,400 Crore YTD throughputM1xchange's deep-tier financing platform has achieved a significant milestone, crossing Rs1,400 crore in throughput. This platform enables ...
- FM Sitharaman launches key SIDBI initiatives for MSME growthThese include portals for credit delivery to rural areas and machinery access for MSMEs, alongside a program to modernize rural enterprises...
- Govt's credit guarantee to reduce MSME bad loan risks for banksThe government's Emergency Credit Line Guarantee Scheme 5.0 is set to bolster micro, small, and medium enterprises. Experts believe this in...
- Private, govt banks pledge full support to ECLGS 5.0Banks are fully supporting the new Emergency Credit Line Guarantee Scheme 5.0. This scheme aims to help businesses facing challenges due to...
- Born out of microfinance, Bandhan Bank now bets big on AI and digital bankingAs Bandhan Bank accelerates its transition from a microfinance-led institution into a universal bank, Executive Director & COO Ratan Kumar ...
- Gen-Z did not invent entrepreneurship but it might be the first generation that thinks it does not require permissionIndian campuses are witnessing a surge in student entrepreneurship, with Gen-Z founders prototyping and building ventures before graduation...
- Deloitte India could lead professional services space soon: Romal ShettyDeloitte India’s leadership believes that the future of professional services will extend beyond traditional offerings to solutions, platfo...
- NEDFi Partners with Veefin Solutions to revolutionize digital lending operations in Northeast IndiaNEDFi and Veefin Solutions have partnered to implement a digital lending ecosystem aimed at enhancing credit access across Northeast India....
- India pushes MSME finance, cooperation agenda under BRICSIndia is leading BRICS efforts to boost small businesses. The focus is on better access to finance and using fintech for credit. BRICS nati...
- Relief now, risk later? ECLGS 5.0 aims to ease MSME stress, industry flags risks in moratorium termsECLGS 5.0 is meant to cushion MSMEs from the impact of the US-Iran war, but will it really help small businesses, industry questions.
- Assuring credit is spread well, in timeIn a bold move to bolster the economy, the Indian government is injecting an additional ₹2.55 lakh crore in credit specifically aimed at sm...
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