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MICROENTERPRISES CREDIT ACCESS
Union Budget 2025: Nirmala Sitharaman announces enhanced support for MSMEs, entrepreneursFinance Minister Nirmala Sitharaman announced that credit guarantee cover for micro and small enterprises will double from Rs 5 crore to Rs...
01 Feb, 2025, 01.52 PM IST
Union Budget 2025: FM Sitharaman enhances credit guarantee cover for MSMEs, introduces customised credit cards for micro enterprisesThe FM announces the sanctioning of term loans up to Rs 20 crore and the introduction of customised credit cards for exporter MSMEs.
01 Feb, 2025, 11.51 AM IST
Aye Finance to raise Rs 310 crore in equity from British investor and othersBritish International Investment will put in Rs 250 crore for an around 9% stake in the company. Waterfield, an independent multi-family of...
13 Dec, 2023, 11.35 AM IST
Mega success on the microcredit frontThe priority accorded to microcredit on this scale has some obvious benefits. GoI is pushing the programme to build manufacturing capacity ...
09 Apr, 2023, 11.06 PM IST
From struggling to thriving: How Credit Guarantees can bridge the credit gap faced by MSMEsProviding credit guarantees to lending institutions can play an increasingly important role in bridging the credit gap faced by Indian MSME...
24 Feb, 2023, 04.28 PM IST
View: Targeted reforms for easing micro entrepreneurshipWhile the significance of facilitating business for the Micro, Small and Medium Enterprises sector in the roadmap to achieving the $5 trill...
20 Apr, 2022, 12.33 AM IST
Nabard launches credit guarantee programme for NBFC-MFIsThe product- Structured Finance and Partial Guarantee Programme to NBFC-MFIs -entails providing partial guarantee on pooled loans extended ...
24 Aug, 2020, 05.02 PM IST
HAPPY launches Lockdown Loans for MSMEsHAPPY interacted with nearly 300 MSMEs via a survey to understand their sentiments and painpoints before designing the new feature.
30 Apr, 2020, 05.19 PM IST
Google parent Alphabet-backed AyeFinance targets lending to 5 lakh micro SMEsThe Government has realised the need of the MSME sector and has started multiple schemes to encourage credit solutions for bottom of pyrami...
11 Sep, 2019, 11.32 AM IST
Village Financial Services: Market-based impact lending for the underserved, unbankedConsidering the constraints of the banking sector in serving the poor, a funding platform setup in 1980s is helping rural entrepreneurs in ...
23 Apr, 2019, 11.31 AM IST
Kudumbashree: Kerala's all-women Rs 2,262 crore savings group finances microenterprises of membersIn many ways, the success story of Kudumbashree's should not surprise people. In Kerala, politics smothers the lonely pursuits of individua...
14 Sep, 2014, 01.17 PM IST
Only profitability model can bring in right capitalWe can’t get enough capital needed by MFIs to reach out to the poor from social investors who are happy with the no-profit, no-loss model, ...
24 Dec, 2007, 07.03 AM IST
- Monetary and banking developments
The stance of monetary policy as announced by the Reserve Bank of India (RBI) in its annual policy statement for 2004-05 was (i) to ensure ...
25 Feb, 2005, 10.22 PM IST