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MSME RECLASSIFICATION
Shriram Finance shares tumble 4% despite strong Q4 results: Why Nomura, other brokerages maintain 'Buy' callShares of Shriram Finance fell nearly 4% on Monday despite strong Q4 FY26 results, including a 41% profit surge and healthy AUM growth. Glo...- Higher turnover limit notified for MSMEs; Move to enable more small cos to be eligible for sopsThe Centre has implemented new investment and turnover thresholds for MSMEs, effective April 1, increasing the limits to ₹2.5 crore for mic...
- More small companies to benefit under public procurement policyThe government plans to reclassify MSMEs, allowing small enterprises with a turnover of up to ₹100 crore to benefit from a 25% public procu...
- Budget 2025: Relief for a larger segment of Indian promoters under the insolvency codeThe Indian government's reclassification of MSMEs brings more companies under Pre-packaged Insolvency Resolution Process (Prepacks). This a...
- Non-tax benefits for MSMEs for 3 years even after reclassification"This decision has been taken after due deliberations with MSME stakeholders and is in line with the Atmanirbhar Bharat Abhiyan," the minis...
- MSMEs can continue to avail non-tax benefits post re-classification: GovtThe Ministry of MSME has notified that in case of re-classification in terms of investment in plant and machinery or equipment or turnover ...
- HDFC Bank to hire 500 more to expand MSME coverageThe bank's MSME vertical covers 545 districts now with dedicated relationship managers and supervisors, which will be expanded to 575 distr...
- MSME needs 'concentrated, right kind' of relief package: Assocham"Yes, there is a need for a relief package which has to be directed very carefully. We at Assocham believe that both the Centre and the sta...
- CAIT demands restoration of MSME status for 8 crore tradersThe government in June 2017 removed retail and wholesale traders from the MSME category forcing the players either borrow at a higher rate ...
- All Assam Students' Union stages protests opposing Assam government ordinanceAASU stated that the ordinance will alienate indigenous people from their land. The supporters of AASU on Thursday burnt copies of cabinet ...
- No exemption under any land-related Act for setting up a business enterprise: Chandra Mohan PatowaryState government claimed it has taken comprehensive steps to protect Assam's border and Smart Fencing in the disputed Latitila area is on t...
- MSME ordinance will not affect land rights of indigenous people: Chandra Mohan PatowaryAssam has drafted an ordinance whereby micro, small and medium enterprises (MSMEs) will not be required to take permissions for setting up ...
- RBI asks banks to reclassify MSMEs as per revised criteriaAfter 14 years since the MSME Development Act came into existence in 2006, a revision in MSME definition was announced in the Atmanirbhar B...
- CEAI urges govt to allow registration of Indian Consulting Engineers Companies under MSME categoryCEAI represents the Indian Engineering Consultancy professional at the FIDIC. Its membership comprises practicing consultants, private and ...
- Credit to MSEs up 5 times to Rs 1.23 lakh crore post GST: SBI studyThe credit growth to MSEs is quite stupendous post-GST, the report by SBI Ecowrap said. GST, which subsumed most of the indirect taxes, was...
- Concerns on credit supply to small businesses a myth: SBI reportThe SBI report pegged the share of credit from NBFCs at 10 per cent of the overall MSME pie.
- Note ban, GST pulled down credit to MSMEs, dented exportsThe credit disbursal to the MSME sector has, however recovered a tad since the lows of 2017 to reach the mid-2015 level, notes an RBI repor...
- What’s in a classification? Everything if you are an MSMEOne important advantage that the new definition is expected to deliver is a better understanding of the credit needs of the MSME units by t...
- RBI widens scope for PSL, steeply hikes cap on MSME creditThe Reserve Bank today announced three changes to the priority sector lending norms and more than doubled the limit for MSME advances.
- RBI governor D Subba Rao meets J-K CMD Subba Rao met Jammu and Kashmir Chief Minister Omar Abdullah here and discussed matters relating to the functioning of banks in the state.
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