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MSME CLASSIFICATION
As India's MSME sector matures, IDBI Bank's Sumit Phakka says the lending framework must keep paceIndia's small businesses are now driving economic growth. New government budgets are boosting MSME financing and support. Digital tools are...
Banks should shift exposures from vulnerable MSMEs, lay-off-exposed retail borrowers: EYBanks must act on early risk signals amid the West Asia war. EY suggests shifting exposure from vulnerable small businesses and retail borr...
ET MSME Awards 2025: Execution push, credit flow, and formalisation define the next phase of MSME growthAmid global uncertainty, MSMEs emerge as India’s growth stabiliser: this was the consensus in the opening segment of the The Economic Times...
Eco Survey 2026: Budget 2025-26 measures expand guaranteed credit for MSMEsThe Economic Survey 2026 says that various measures announced in the Union Budget 2025-26 helped expand guaranteed credit for MSMEs.
Biogas industry hails increase in MSME financingIndian Biogas Association welcomes the increase in MSME financing in the budget, recognizing its benefits for the biogas industry. The Cred...
Budget 2025 reshapes MSME landscape—higher investment and turnover limits unveiledUnion Budget 2025 announced by Finance Minister Nirmala Sitharaman focuses on enhancing credit availability and revising MSME classificatio...
Firms up to Rs 500 crore are now medium; MSMEs get a new definitionAccording to the Budget 2025, MSMEs with investments up to Rs 2.5 crore will now be classified as micro enterprises, an increase from the p...
Non-tax benefits for MSMEs for 3 years even after reclassification"This decision has been taken after due deliberations with MSME stakeholders and is in line with the Atmanirbhar Bharat Abhiyan," the minis...
MSMEs can continue to avail non-tax benefits post re-classification: GovtThe Ministry of MSME has notified that in case of re-classification in terms of investment in plant and machinery or equipment or turnover ...
Small traders expect easier finance post MSME tagAs merchants look forward to more sectoral legitimacy by getting the MSME classification, they are also confident of their economic resilie...
NBFCs seek extension of MSME restructuring scheme till March 2022In a recent letter written to RBI Governor Shaktikanta Das, FIDC, an industry body of NBFCs, said due to the severe second wave of COVID-19...
Economic Survey reveals Government’s rationale behind revising the definition of MSMEThe need for a change in definition, that's aimed at offering small firms the incentives to grow and thereby reap economies of scale was ar...
RBI asks banks to reclassify MSMEs as per revised criteriaAfter 14 years since the MSME Development Act came into existence in 2006, a revision in MSME definition was announced in the Atmanirbhar B...
From July, register enterprise online with Aadhaar, self-declaration"An enterprise can be registered just on the basis of Aadhaar number. Other details can be given on self-declaration basis without any requ...
MSME restructuring extension signify RBI's shift in stance on asset quality, transparency: Fitch"The Reserve Bank of India's (RBI) announcement of forbearance towards stressed sectors signifies a gradual shift away from the regulator's...
New year bonanza: RBI issues norms for restructuring loans to MSMEsRBI permitted a one-time restructuring of existing loans to MSMEs that are in default but 'standard' as on Jan 1.
MSMEs to be decided based on turnover; Bill introduced in Lok SabhaThe bill was introduced in the Lok Sabha by Minister of State for MSMEs Giriraj Singh, after he withdrew the 2015 Bill on the issue.
What’s in a classification? Everything if you are an MSMEOne important advantage that the new definition is expected to deliver is a better understanding of the credit needs of the MSME units by t...
Government measures to ensure MSMEs become growth engine: DFS secretaryMultiple initiatives are trying to address various issues inhibiting the growth of the sector, which is the largest job creator.
MSME loans up to Rs 25 crore get more repayment timeMove allowed to banks and NBFCs, will be applicable for dues between Sep '17 & Jan '18