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MSMES FINANCING
Finance Minister Nirmala Sitharaman urges PSBs to sharpen youth outreach, build ahead of demandFinance Minister Nirmala Sitharaman urged public sector banks to attract young customers. She suggested a focused 'Banking for Youth' campa...
Bridging the skills gap: How rural youth can power India’s MSME growth storyIndia’s next MSME growth wave could come from the country’s vast rural talent pool—but only if skilling moves beyond certificates to genuin...
Karnataka's Tumakuru industrial hub to attract Rs 7,000 crore investment, create 88,000 jobs: MB PatilKarnataka plans to develop Tumakuru into a major industrial manufacturing hub. This proposed node is expected to attract significant invest...
NBFCs seek RBI rethink on revolving credit curbSenior representatives of some of the country's largest NBFCs met on August 14 to discuss the issues they intend to raise with the RBI. The...
MSMED Bill promises faster payments, but TReDS hurdles and GST ambiguity may leave smaller firms behindThe Micro, Small and Medium Enterprises Development (Amendment) Bill was passed by Parliament last week, nearly two decades after the MSMED...
RBI issues directions on fixed, floating rate loans: What changes for home, personal, MSME loans and existing borrowersThe Reserve Bank of India has proposed a new framework for loan interest rates. This framework aims to bring more uniformity and transparen...
MSME rules next month, focus on global value chainsThe MSME ministry is set to announce new regulations for small businesses next month. These amendments focus on improving invoice financing...
RBI invites public comments on draft rules to standardise how lenders set interest ratesThe Reserve Bank of India has proposed new rules for loan interest rates. These directions aim to harmonize lending practices across variou...
India targets 10-fold clean fuel output jump in next 5-10 years to curb importsIndia aims for a tenfold increase in compressed biogas production over the next decade. The government plans to address supply chain uncert...
India sixth-largest economy at $3.92 trillion nominal GDP in FY26: GovernmentIndia's economy reached sixth globally with a $3.92 trillion GDP in 2025-26. Government strategies focus on agricultural productivity and m...
AI in banking must move beyond retail to farms, MSMEs: SBI Chairman SettyIn a recent statement, CS Setty, Chairman of the State Bank of India, underscored AI's transformative potential for the Indian banking sect...
India may rationalise most customs tariffs by Budget 2027-28, Nirmala Sitharaman saysIndia's finance minister announced plans to streamline customs tariffs, aiming for a significant overhaul by the fiscal year 2027-28. This ...
BRICS trade meet clears MSME credit frameworkBrics trade ministers finalized their Economic Partnership 2030 strategy and adopted a joint declaration. They agreed on the Jaipur Consens...
India amends FDI rules to boost e-commerce for small businesses, artisans, farmers, and fishermen: Union Minister Piyush GoyalIndia has amended foreign direct investment regulations to boost e-commerce trade. These changes will help small businesses, artisans, farm...
India not in favour of separate BRICS currency: Piyush GoyalBRICS group comprises 11 major emerging markets and developing countries of the world -- Brazil, China, Egypt, Ethiopia, India, Indonesia, ...
India's big billion-dollar trade deals are done. Now comes the real testIndia has spent years negotiating free trade agreements with some of the world's biggest economies. But signing the deals was only half the...
GetVantage secures Rs 63 cr in Series A1 round to scale Capital Gateway for MSMEsThe fresh injection is expected to unlock hundreds of crores in operational debt capital from GetVantage’s financial institution partners.
Noida’s next industrial expansion needs land, faster approvals, and better logisticsNoida has the potential to serve the entire state if logistics infrastructure is properly integrated, say stakeholders.
Indian businesses still rely on manual invoicing despite digital adoption: StudyNearly seventy percent of businesses still struggle with manual invoice processing. This remains the biggest accounting challenge for India...
Bajaj Finance posts 28% growth in net profit amid healthy loan demandBajaj Finance reported a 28% year-on-year net profit increase for the June quarter. Assets under management climbed 24% to ₹5.47 lakh crore...