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4 mins read
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 …
4 mins read
India needs to bring different solutions for MSMEs -- Business Insider’s MSME Exchange panelists highlight why
Many have termed 2020 as the watershed moment for the Indian micro, small and medium enterprise (…
1 min read
Jana Small Finance Bank re-files IPO papers with Sebi
Jana Small Finance Bank Ltd has re-filed draft papers with capital markets regulator Sebi to mobili…
PTI
2 mins read
Banks should prioritise loans to MSMEs with higher credit rankings under GECL: Report
Mumbai, Jun 29 () Nearly a fifth of the 45 lakh small businesses identified by the government to be…
PTI
2 mins read
Banks should prioritise giving loans to non-eligible MSMEs under GECL: Report
The analysis revealed that 81 per cent belong to what is considered the structurally strong section…
PTI
3 mins read
Banks disburse over Rs 50,000 cr loans to MSMEs under credit guarantee scheme
Under the scheme, 100 per cent guarantee coverage will be provided by National Credit Guarantee Tr…
PTI
2 mins read
Banks sanction over Rs 75,000-cr loans to MSMEs under credit guarantee scheme
The main objective of the scheme is to provide an incentive to member lending institutions to incre…
PTI
1 min read
Bank of Maharashtra sanctions Rs 2,789 cr loans over 3 months to MSMEs, others
"We have sanctioned loans amounting to Rs 2,789 crore under agriculture, SHGs, Retail, MSMEs with a…
PTI
2 mins read
Banks sanctions about Rs 1.20 lakh crore loans to MSMEs under credit guarantee scheme
Under the scheme, 100 per cent guarantee coverage will be provided by the National Credit Guarante…
PTI
2 mins read
Banks sanction about Rs 1.14 lakh crore loans to MSMEs under credit guarantee scheme
Under the scheme, 100 per cent guarantee coverage will be provided by the National Credit Guarante…
PTI
2 mins read
Banks sanctions about Rs 1.14 lakh crore loans to MSMEs under credit guarantee scheme
Under the scheme, 100 per cent guarantee coverage will be provided by the National Credit Guarante…
PTI
1 min read
Public Sector Banks sanctioned Rs 24,260 cr loan to MSMEs for 'self-reliant' campaign: Nadda
"Within just 14 days since the Aatmanirbhar Bharat Abhiyan was announced, PSBs have already sanctio…
PTI
3 mins read
Bank of Baroda to offer up to Rs 12k cr loans to MSMEs under credit guarantee scheme
"In our case, that particular portfolio amounts to be Rs 58,000 crore. So, 20 per cent of that wou…
PTI
2 mins read
REIT-like structures, loans against GST filings can help solve MSME fundraising problems: Assocham
The micro, small and medium enterprises (MSME) sector has played a meaningful role in India’s growt…
3 mins read
Banks sanction over Rs 1 lakh cr loans to 30 lakh MSMEs under credit guarantee scheme
The main objective of the scheme is to provide an incentive to member lending institutions to incre…
PTI
4 mins read
SBI, HDFC, ICICI and 12 others banks are joining forces to use blockchain to power Letters of Credit — a move that could be a boon for MSMEs
Banks in India are coming together to use blockchain technology to solve a central problem in tradi…
3 mins read
Cash, capital and credit trickle down to small businesses at a frustratingly slow pace — tech can speed them up
While MSMEs were already finding it difficult to manage their cash flows including the rigorous …
2 mins read
InCred, KKR India Financial Services complete merger, hope to become a ‘leading’ NBFC
InCred Financial Services and KKR India Financial Services (KIFS), on Wednesday, announced that the…
3 mins read
Bad loans of India's banks to rise to 8-9% this year, says CRISIL
The Covid-19 relief measures such as the restructuring dispensation, and the Emergency Credit Li…
1 min read
Centre launches ₹20,000 crore subordinate debt scheme for stressed MSMEs
"Govt has given yet another facility for financially stressed MSMEs. The sub-debt scheme has…