India's biggest trade bet comes with six red flagsIndia may be adding more trade partners, but its latest FTA report card comes with several red marks. A new study by the Global Trade Resea...
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...
MSMEs file 47k claims for dues of Rs 8,025 croreIn FY25, small businesses filed over 47,000 applications on the MSME Samadhaan Portal to recover dues worth ₹8,024.9 crore. The highest num...
Consumption loan portfolio expands 15pc to Rs 90 lakh cr in FY'24: ReportIndia's consumption loan portfolio grew by 15.2% YoY to Rs 90.3 lakh crore as of March 2024, according to a CRIF High Mark report. The grow...
Public procurement up by nearly 100% and digital transaction worth Rs 84000 crore by MSME ministryIn FY24, public procurement from MSMEs almost doubled, reaching Rs 75,742 crore, up from Rs 38,432 crore in FY23. This increase involved 13...
Bank of Maharashtra Q1 results: Profit jumps 47% YoY to Rs 1,293 crore; NII rises 20%Bank of Maharashtra reported a significant 46.6% increase in net profit for the June quarter, with improvements in asset quality and financ...
Loans from small time borrowers surge post COVID: ReportThe report by CRIF Highmark provides insights into the portfolio at risk across various buckets. It ranges from 0.3% to 2.1% as of June 202...
MSMEs’ share in exports 45.56% till Sept’23: Govt to ParliamentThe share of MSME products in India's exports increased from 43.59% in FY23 to 45.03% in FY22, with a growth from 49.35% in 2020-21 to 49.7...
Buy Fusion Micro Finance, target price Rs 800: ICICI SecuritiesFusion Micro Finance, incorporated in the year 1994, is a Small Cap company (having a market cap of Rs 5885.89 Crore) operating in NBFC sec...
Over Rs 400 crore of loans availed by women-run MSMEs In FY 2023: NeoGrowth Impact ReportReleased annually, the 9th edition of the NeoGrowth Impact Report showcases the transformative influence of the company’s loans on the live...
Women-run MSMEs avail over Rs 400 cr of loans in FY23: ReportWomen-run micro, small and medium enterprises (MSME) have availed loans worth Rs 430 crore, accounting for 24 per cent of the overall loans...
Govt requests states, UTs to set up more MSEFCs for quicker disposal of delayed payment-related casesThe total amount due to micro and small enterprises from the buyers of goods and services stood at Rs 1,825.52 crore for the period between...
‘Smart recovery’ for MSMEs with GST payments crossing pre-Covid levels, Udyam registrations over 1-cr mark: Economic SurveyObserving how the government has taken multiple steps to cushion the economic impact of the pandemic on MSMEs, the Survey said that the Atm...
U GRO Capital's AUM crosses Rs 3,650 crore, with disbursement of Rs 1,350 crore in Q1 FY23The company aims to grow its loan book under co-lending partnerships by 3X to over Rs 2,000 crore by March 2023.
With volatility history, banks to see stabilityICICI Securities estimates a nearly 20% year-on-year growth in net interest income and 6% operating profit growth during the fourth quarter...
Bank credit to grow in double digits in FY'23: ReportWholesale credit growth would be supported by demand shift from debt capital market to bank credit, in a rising yield scenario as was seen ...
Bank credit growth likely to be at 8.9-10.2 pc this fiscal: Report"Icra Ratings expects outlook for banks to be stable in FY23, based on continued improvement in earnings driven by improved credit growth o...