SIDBI pumps in Rs 650 crore to help unrated NBFCs through RBI’s liquidity facilityThe financial assistance has been extended out of the Special Liquidity Facility of Rs 16,000 crore sanctioned by Reserve Bank of India to ...
India SME expands fintech portfolio with Rs 60 cr investment in KreditBeeSIDBI backed India SME Investments focuses on investing in early-growth companies, primarily operating in Tier 2/3 cities, targeting the lo...
SAFE and SMILE, two SIDBI schemes that can help you raise money during Covid-19Finding money and funding for your business has become very difficult. However, two SIDBI schemes can provide some succor.
ESAF Small Finance Bank expresses commitment for listingSIDBI Trustee Company Ltd-A/C Samridhi Fund holds 12.24 per cent stake in the bank.
In more bad news,Q1 commercial credit dips by 2.6%: Sidbi dataAccording to the report, overall the commercial credit stood at Rs 63.80 lakh crore as of June 2019 as against Rs 65.52 lakh crore in March...
MSME credit growth remains robust but CIBIL warns of possible NPA stack up: ReportThe report said the mid and large corporate segment held the biggest share of the overall credit at about 43%, with an exposure of Rs 47.5 ...
India Quotient to get 25x returns in Sharechat deal1-2% stake picked up by China’s Hillhouse Capital in a deal pegged at around Rs 50 crore.
MSME Ministry to launch virtual network to link clustersThe Virtual Cluster Approach, overcomes the limitations of the Physical Approach requiring the location of the units in one geographical ar...
- Budget 2012 positive for infrastructure companies: KR Choksey
The creation of infrastructure debt fund, issuing Rs 60,000 crore tax free bonds, reduce withhold tax to 5% are major positive steps for th...
- Budget 2012: What it means for new economy
The removal of sectoral restrictions and extension of the tax pass-through have solved commercial and tax administration issues.
- Budget 2012: Venture fund set up for MSMEs
In order to enhance availability of equity to MSME sector, Finance Minister Pranab Mukherjee announced a proposal to set up a Rs 5,000 cror...
- Budget 2012: GST network rollout by August 2012 positive for MSMEs, says Dinesh Agarwal of IndiaMART
We hope that this timeline is met as it would certainly help address the multiple taxation issue faced by the MSMEs currently.
- Union budget 2012-13: Eco-system for early stage companies set to improve with propsal to remove restrictions on venture capitalists
Eco-system for early stage companies is set to improve as the Pranab Mukherjee proposes to remove restrictions on venture capitalists, who ...
- Union budget 2012-13: Government to set up Rs 5,000-crore venture fund for MSMEs, introduce MFI Bill
State-run Nabard will be allocated Rs 10,000 crore to refinance regional rural banks, through a short-term credit refinance fund.
- Pranab sees increase in investment, growth at 9%
Finance Minister Pranab Mukherjee said the economy would soon return to the 9% growth trajectory, helped by various measures announced in t...
- MFI's to play a significant role in credit delivery to the poor
If the RBI governor's remarks are any indication, MFIs here are going to play an significant role in credit delivery to the poor in the reg...
- Govt mulls Rs 100 cr venture fund for IT SMBs
The ministry of communications and information technology is mooting creation of a national venture capital fund to support small and mediu...