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...
BHEL, SAIL at risk of losing Maharatna tagTwo major Indian public sector companies, BHEL and SAIL, face a one-year deadline to improve their financial performance. Failure to meet p...
EEPC India proposes separate MSME rating system for better funding and global competitivenessEEPC India has urged the government to create a distinct rating system for MSMEs. This new approach would consider their size and operation...
ECLGS 5.0 to benefit 1.1 crore MSME accounts with additional credit support: SBI ReportThe government has approved ECLGS 5.0 to support MSMEs and airlines. This scheme aims to provide crucial working capital. Around 1.1 crore ...
Did you get OnEMI Technology IPO allotment? The GMP ahead of listing is the best in last few monthsInvestors can check their OnEMI Technology IPO allotment status today. The fintech company's public issue closed on May 5. Shares are set t...
EAC-PM calls for changes in priority sector lending to enhance efficiency; greater flexibility to banksAn Economic Advisory Council to the Prime Minister paper has proposed shifting priority sector lending focus from economic efficiency to so...
Liquidity unlocked, access denied: With rating rules, how TReDS leaves most MSMEs behindDespite the government’s TReDS push, experts say the RBI’s move to ease onboarding lacks clarity as credit ratings continue to be a key bot...
Timely finances, tech for MSMEs key policy priority: FM Nirmala SitharamanThe government has prioritised the development of micro, small and medium enterprises (MSME) and introduced various initiatives to support ...
Naredco recommends phase two of SWAMIH fund, MSME status for real estate sector in upcoming budgetThe National Real Estate Development Corporation (NAREDCO), the apex body of real estate developers in India, has urged the Union Finance M...
Wholesale, retail trade now in MSME foldMinister of MSME, and road transport and highways Nitin Gadkari announced the revised guidelines for MSMEs on Friday.
CAIT demands restoration of MSME status for 8 crore tradersThe government in June 2017 removed retail and wholesale traders from the MSME category forcing the players either borrow at a higher rate ...
Govt considering giving MSME status to dealers: GadkariThe minister also reiterated his appeal to major industries to clear the outstanding dues to MSMEs in a timely manner.
CPI preparing a memorandum on GST rates to save MSMEThe Micro, Small and Medium Enterprises (MSME) sector was seriously affected due to the higher GST rates in India, particularly Tamil Nadu.
Government sets up export promotion cell for MSMEsThe ministry has also proposed to formulate a governing council that will be chaired by secretary of the MSME ministry and co-chaired by th...
- MSME Ministry wants time cap on sourcing if MSE becomes large
The Micro, Small and Medium Enterprises ministry has opposed a proposal by DIPP floated in a cabinet note to let multi-brand retailers cont...
- IDBI in pact with WRI for energy-saving initiatives
IDBI Bank has tied up with US-based environmental research organisation, World Resources Institute (WRI), for providing consultancy service...
- MSME Ministry wants commercial bank status for SIDBI
The Ministry of Micro, Small and Medium Enterprises (MSME) has made a proposal to the Finance Ministry for converting Small Industries Deve...