IDFC First Bank has successfully secured a substantial allocation of over Rs 500 crore from the Credit Guarantee Fund for Micro Units. This...

Canara 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 anticipates a strong FY27. Margins are stable, and asset quality remains robust. The bank can manage upcoming provisioning need...

India's labour market is undergoing a structural transformation driven by the country's broader economic transition, a report by SBI Resear...

ECLGS 5.0 is meant to cushion MSMEs from the impact of the US-Iran war, but will it really help small businesses, industry questions.

The government has approved a new credit scheme, ECLGS 5.0, to support airlines and small businesses facing economic challenges. This initi...

Indian 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...

The fintech company's AI-powered platform offers rapid financing and risk management, addressing India's significant MSME credit gap and en...

Dr Rajneesh, Additional Secretary & Development Commissioner, MSME, moderated the session and outlined the scheme’s vision and digital, pap...

In its quarterly Trade Watch Report for the quarter to December 2026, released on Monday, it said the instability in West Asia has slowed t...

The plan emphasises inclusive credit planning and tailored development pathways for balanced growth across the National Capital Territory.

The Pradhan Mantri Mudra Yojana has empowered millions of entrepreneurs. Over 577.9 million loans totaling ₹40.07 lakh crore have been disb...

Small businesses supplying the government are seeking relief from contract penalties. They want the Centre to invoke force majeure due to g...

The finance ministry in a statement said special provisions have been incorporated in the scheme for exporters, which includes a guaranteed...

"Support to the MSME sector along with enhancement of credit guarantee scheme will provide much-needed relief to the sector," said Chandra ...

The move will give a boost to the micro, small and medium enterprises sector and help generate employment.

The government is contemplating additional incentives for the MSME sector with a view to boost exports and to help arrest the decline in va...