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MSME CREDIT BOOST
Canara Bank recovers over half of ₹500 crore Rajesh Exports exposure, CEO outlines growth strategyCanara Bank has recovered over half of its ₹500 crore exposure to Rajesh Exports and is pursuing legal avenues for the remaining amount. Th...
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...
IDFC First Bank receives Rs 514.82 crore insurance payout on microfinance defaults, expects full provision write-backIDFC First Bank has successfully secured a substantial allocation of over Rs 500 crore from the Credit Guarantee Fund for Micro Units. This...
Canara Bank chief says core income to support stability after profit decline on treasury lossesCanara Bank saw a 10% dip in net profit last quarter, mainly due to treasury losses. The bank is now prioritizing core income to maintain i...
Canara Bank sees NIM floor at 2.5%, confident of absorbing ECL hit without fresh equityCanara Bank anticipates a strong FY27. Margins are stable, and asset quality remains robust. The bank can manage upcoming provisioning need...
India labour market remodels itself bit by bit as agri slowly cedes ground, workforce moves onIndia's labour market is undergoing a structural transformation driven by the country's broader economic transition, a report by SBI Resear...
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.
Cabinet clears Emergency Credit Line Guarantee Scheme 5.0 to cushion MSMEs, airlines amid Gulf warThe government has approved a new credit scheme, ECLGS 5.0, to support airlines and small businesses facing economic challenges. This initi...
Banks record robust 15.9% credit growth in FY26: Finance MinistryIndian banks saw strong credit growth of 15.9 percent in the 2025-26 fiscal year. This reflects a vibrant economy and high demand for loans...
Drip Capital crosses $9 billion in MSME cross-border trade financeThe fintech company's AI-powered platform offers rapid financing and risk management, addressing India's significant MSME credit gap and en...
MSME Ministry showcases PM Vishwakarma’s transformative livelihood impact at Civil Services Day sessionDr Rajneesh, Additional Secretary & Development Commissioner, MSME, moderated the session and outlined the scheme’s vision and digital, pap...
Widening CAD a concern, says Niti ReportIn its quarterly Trade Watch Report for the quarter to December 2026, released on Monday, it said the instability in West Asia has slowed t...
NABARD launches Rs 2.62 lakh crore credit plan for Delhi; proposes ‘nano, mini’ units to boost MSME accessThe plan emphasises inclusive credit planning and tailored development pathways for balanced growth across the National Capital Territory.
Mudra loans cross Rs 40 lakh crore, Nirmala Sitharaman hails MSME credit pushThe Pradhan Mantri Mudra Yojana has empowered millions of entrepreneurs. Over 577.9 million loans totaling ₹40.07 lakh crore have been disb...
MSMEs seek force majeure relief amid Gulf war disruptionsSmall businesses supplying the government are seeking relief from contract penalties. They want the Centre to invoke force majeure due to g...
Govt modifies Mutual Credit Guarantee Scheme to support MSME manufacturers, exportersThe finance ministry in a statement said special provisions have been incorporated in the scheme for exporters, which includes a guaranteed...
Union Budget: Continuation of credit guarantee relief for MSMEs"Support to the MSME sector along with enhancement of credit guarantee scheme will provide much-needed relief to the sector," said Chandra ...
PM to launch MSME support programme on FridayThe move will give a boost to the micro, small and medium enterprises sector and help generate employment.
SIDBI chairman hails government support for MSMEs“This was a long pending demand of MSMEs. SIDBI's TReDS platform RXIL is geared to leverage the potential created by this announcement,” SI...
Measures to promote MSME export on anvilThe government is contemplating additional incentives for the MSME sector with a view to boost exports and to help arrest the decline in va...