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MSMEs on a growth path with rise in credit demand, fall in delinquency rates: CIBIL-SIDBI report

Credit demand grew at 1.29 times YoY in the quarter ending September 2022. MSME lending continues …

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3 mins read

Digitalisation, credit growth, government policies to drive MSME growth, say experts

The report also shared a survey finding (published in June 2021) conducted by Bluehost, a web ho…

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Transition to net-zero should be inclusive to avoid accentuation of social inequality, says ITC CMD Puri

In his address at the Business-20 (B20) India inception meeting in Gandhinagar, Puri also called fo…

PTI   


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MSMEs can aid waste management in India but need more hand holding

It was less than a year ago that Prime Minister Narendra Modi launched the second phase of the Swac…

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Aditya Birla group to spend ₹2,000 crore on an MSME e-commerce venture

Grasim Industries announces foray into a business-to-business e-commerce platform for building mate…

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2 mins read

Budget 2023-24: Positive for infra and credit growth

The budget for fiscal 2024 is growth-oriented and focuses on capital spending to stoke demand and u…

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6 mins read

OPINION: The next four-letter word taking the world of finance by storm

Is BNPL much ado about nothing ? Is this lending practice contemporary or is it just the newly c…

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1 min read

International Finance Corporation proposes to invest $100 million in Hero Fincorp's secured debt

According to IFC, the proposed investment will enable Hero Fincorp to expand is loan book acro…

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IOB raises lending target for home, MSME loans; hopes to be profitable soon: CEO

"In the MSME segment, we are right now in the range of Rs 31,000 crore lending portfolio, we want …

PTI   


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3 mins read

‘India will get its growth back’, says a confident PM Modi in an address to top industry leaders

“India will get its growth back. There are a lot of expectations from India globally,” Prime Minist…

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1 min read

Govt To Ease Credit Facilities Available To the MSMEs

He added that the ministry is working towards streamlining the process of filing entrepreneurs’ mem…

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7 mins read

Budget 2021: From Income Tax deductions to creating jobs and boosting healthcare – Here’s all that could be in Nirmala Sitharaman’s fiscal plans

India’s Finance Minister Nirmala Sitharaman is set to announce the annual budget on February 1, 202…

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2 mins read

SBI Caps report highlights optimistic outlook for the Indian economy, despite deteriorating global pitch

State Bank of India (SBICAPS) report titled "Maintaining Momentum on a Deteriorating Global Pitch" …

ANI   


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Fedbank Financial Services IPO to open on November 22; price band fixed at ₹133-140/sh

The initial public offer (IPO) of Fedbank Financial Services will open for subscription on November…

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1 min read

Finance Bill passed in Lok Sabha amid opposition protest

The Lok Sabha on Friday passed the Finance Bill 2023 without any discussion through voice vote, ami…

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Women-led Kinara Capital raises Rs 200 cr to empower MSMEs in India

Kinara Capital, which offers unsecured business loans for MSMEs, on Friday said it has raised Rs 20…