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COLLATERAL SUPPORT FOR MSMES
MSMEs nursery of entrepreneurship, key to Viksit Bharat vision: RBI Guv Sanjay MalhotraRBI Governor Sanjay Malhotra lauded MSMEs as crucial for India's growth, highlighting their role in entrepreneurship and employment. He not...- M1xchange’s S2S platform crosses Rs1,400 Crore YTD throughputM1xchange's deep-tier financing platform has achieved a significant milestone, crossing Rs1,400 crore in throughput. This platform enables ...
- George Alexander Muthoot sees no demand slowdown, expects strong gold loan momentum to continueMuthoot Finance's gold loan growth remains robust, fueled by higher gold prices. The company observes a decline in smaller loans, with larg...
- Vijay sworn in as Tamil Nadu CM: Here's what TVK promised ahead of Assembly pollsTamil actor Vijay's party, Tamilaga Vettri Kazhagam, has taken charge as Tamil Nadu's new government. Vijay is now the Chief Minister. The ...
- DFS is seeking lender data on war-hit SMEsPeople familiar with the matter told ET that banks have been asked to provide details on sectors affected, like the Morbi-based ceramics in...
- How secured loans can open new doors to credit-based growth for MSMEsSecured loans offer MSMEs a pathway into the formal credit system, eliminating the need for years of audited financials or a long operation...
- TReDS tweak to ease MSME credit flow amid global pressureBanks are set to boost credit flow to MSMEs as regulators ease onboarding for the Trade Receivables Discounting System (TReDS). This move a...
- MSME exporters get Rs 7,295cr facility for easy credit accessThe government has launched a significant export support package worth over Rs 7,000 crore. This initiative includes interest subvention an...
- Government announces Rs 7,295-cr export package to improve exporters' access to creditThe government has unveiled a Rs 7,295-crore export support package, including a Rs 5,181-crore interest subvention scheme and Rs 2,114-cro...
- Cabinet okays Rs 45,000 crore package to support exports, MSMEs amid global headwindsThe Indian government has launched an ambitious ₹45,000 crore package to invigorate the country's export landscape. This extensive initiati...
- EEPC India calls for cheaper export finance, sharing US tariff burdenEEPC India is appealing to the government for the reinstatement of the Interest Equalisation Scheme (IES), particularly for MSMEs, to allev...
- Comm Min's export promotion mission may have 12-point plan to push exports, help MSME exportersThe commerce ministry's Export Promotion Mission (EPM), with a Rs 2,250 crore outlay, is set to launch with up to 12 components. These incl...
- Commerce Ministry seeks views of exporters on proposed schemes under export promotion missionFocus areas include easy credit, factoring services, and tackling non-tariff measures. The government is also considering a trade assistanc...
- Union Budget 2025: MSMEs seek targeted subsidies, optimised taxation, incentives for lendingMicro, small, and medium enterprises (MSMEs) in the country anticipate the Union Budget 2025 to address their challenges through the introd...
- Credit access, review of stressed asset norms top MSME body's wishlistThe Federation of Indian Micro and Small & Medium Enterprises has urged the government to improve credit access for MSMEs. They suggest red...
- Budget 2024: For micro, small & medium cos, a major funding boostThe upcoming budget may introduce a scheme to address credit gaps for MSMEs, potentially exceeding ₹10,000 crore. Interventions could inclu...
- MSMEs’ collateral free loan scheme hits Rs 1 lakh cr mark in Apr-Oct FY24India's Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) has approved a credit guarantee of Rs 1 lakh crore in the firs...
- Ashok Leyland seeks govt support for MSMEs post lockdown to kickstart economyMeasures such as easy access to working capital and liquidity through banks and NBFC's, providing interest free and collateral free loans; ...
- Ashok Leyland seeks govt support for MSMEs post lockdown to kickstart economyMeasures such as easy access to working capital and liquidity through banks and NBFC's, providing interest free and collateral free loans; ...
- Govt urges banks to improve MSME lending in Northeast IndiaUnion ministry of Micro, Small and Medium Enterprises (MSME) wants banks to improve their lending to MSME sector in Northeast India.
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