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MSME CREDIT ASSISTANCE
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsIt is probably time to be bullish as an investor. But remember two things. One: Valuations are still not cheap. Two: Because it is over and...
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...
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 ...
Vijay sworn in as Tamil Nadu CM: Here's what TVK promised ahead of Assembly pollsTamil actor Vijay's party, Tamilaga Vettri Kazhagam, has taken charge as Tamil Nadu's new government. Vijay is now the Chief Minister. The ...
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.
Banks to report steady profit rise as loans grow, treasury dragsIndian banks are expected to report a steady profit rise in the January-March quarter, four brokers said, aided by credit growth and liquid...
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...
New MSMEs can also avail credit assistance for ecomm exportersIn a trade notice, the DGFT said that new MSMEs, involved in international value chains through e-commerce with prior domestic e-commerce e...
TReDS ‘not fully effective’, only 10% of its potential being realised: Secretary, Ministry of MSMEThere are other provisions in the GST and taxation regime that can be further used to enable faster payments, at least to the small and mic...
CIBIL, SIDBI, Online PSB loans launch MSME rankingsThe ranking model uses machine learning algorithms to predict the probability of an MSME becoming a non-performing asset (NPA) in the next ...
O2 supply companies to get loans from Sidbi at 4.5-6%Under the SHWAS (Sidbi assistance to Healthcare sector in War Against the Second wave of Covid) scheme, MSMEs engaged in manufacturing of o...
MSME Schemes: Using the Credit Guarantee Scheme to fund your businessMSMEs need easy credit facilities to fulfil the financial requirements of their business. The DCE's Credit Guarantee Scheme provides easy, ...
Haryana mulls Rs 1,000-crore corpus for MSME sectorThe state government aims to provide hassle free credit to entrepreneurs so as to encourage them to set up small and micro units in the sta...
West Bengal leading credit flow in MSME sector: Mamata BanerjeeDuring April-Sept 2012, the credit flow from banks in MSME sector in Bengal was the highest at Rs 4331 crore," Banerjee said.
Confederation of Micro, Small & Medium Enterprises launchedFicci launched the Confederation of Micro, Small & Medium Enterprises (CMSME), an umbrella organisation to promote the growth of the MSME s...
- Bank of Baroda and Care Rating ink pact for MSMEs
Bank of Baroda signed a MoU with rating agency Care for rating of MSMEs which are either prospective or existing customers of the bank.
- MSME Min to ask banks to appoint officers for financial assistance
In a bid to facilitate financial assistance to micro the MSME ministry will ask all the major banks to appoint a senior official.
- Orissa soon to launch VC fund for MSME on PPP model
In a bid to boost the start up micro, small and medium enterprises (MSMEs), Orissa government is mulling over an idea to launch MSME Ventur...
- PNB, DFC join hands to provide working capital to SMEs
Small and medium borrowers taking term-loans from the Delhi Financial Corporation will now be eligible for working capital loans from Punja...
We do not see any limits to our SME role: SIDBISIDBI will continue to motivate banks and institutions to lend more to micro and medium enterprises, CMD RM Malla says.