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2 mins read
FM announces credit guarantee scheme, other measures for MSMEs
The credit guarantee scheme for MSMEs in manufacturing will operate on the pooling of credit risks …
PTI
2 mins read
Consumption loan portfolio expands 15% to Rs 90 lakh crore in FY24, notes CRIF report
The home loans portfolio saw growth slowing down to 7.9 % YoY in FY24, from the 23 % expansion seen…
PTI
2 mins read
India’s small digital businesses have a capital problem and this will only grow
Indian digital small and medium sized enterprises (SMEs) are on a growth path but suffer from a wor…
3 mins read
A drug retail chain grew from ₹8 crore a year to ₹1000 crore without the MSME tag— the founder has lessons to share with other small biz
An Indian drugs retail chain, and now a medtech platform, Wellness Forever, had an annual turnover …
3 mins read
Fintechs are helping Indian MSMEs with their biggest challenge — data and the lack of it
There are over 6.3 crore micro, small and medium enterprises (MSMEs) in India and most of them are …
2 mins read
Gurgaon-based Indifi disbursed ₹2,800 crore worth of loans to small business owners
Gurgaon-based Indifi disbursed ₹2,800 crore worth of loans to small business owners
2 mins read
Union Bank, Tata Power Renewable join hands to help MSMEs switch to solar
MSME industries who are Tata Power customers can avail loans up to ₹8 crore with nil or minimum col…
2 mins read
SME digital bank can provide services like business CASA accounts to MSMEs: Biz2Credit co-founder
Ahead of the Union Budget, Rohit Arora, CEO and Co-Founder of Biz2X, has suggested the government n…
PTI
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…
2 mins read
A banker's checklist for MSMEs who want a loan
Micro, small and medium enterprises are at the heart of India’s economy. According to the Confedera…
2 mins read
Here’s how MSMEs can apply for loans from SBI, ICICI Bank and others
The government had also recently revised the definition of MSMEs by increasing the threshold lim…
3 mins read
MSME sector is on a strong growth trajectory post the pandemic: SBI Research
MSMEs have shown resilience to bounce back from the pandemic-induced slowdown, with credit growth t…
5 mins read
10 reasons why Paytm Payment Gateway is the best choice for online MSMEs
Indian customers shop online for two reasons - convenience and choice. Apart from the comfort of sh…
1 min read
Central Bank of India launches loan schemes for MSMEs, farmers
The loans are being offered for 18 months, with the first six months as moratorium. The scheme is …
PTI
2 mins read
Large number of MSMEs approaching banks for collateral-free loans: Survey
"The majority of respondents (over half) have availed moratorium from banks while fewer (27 per cen…