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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   


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Crisis-hit SpiceJet plans to hand out pink slips to at least 1,000 employees

When contacted, a SpiceJet spokesperson said the airline has initiated several measures, includ…

PTI   


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Union Cabinet approves expansion of agriculture infrastructure fund to boost farm growth and sustainability

In a major effort to enhance agricultural infrastructure across the country and support the farming…

ANI   


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DPIIT recognises 1.40 lakh entities as startups as on June 30, 2024

Under Fund of Funds for startups, Rs 805.86 crore was invested in the startups by supported AIFs (A…

PTI   


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Startups demand angel tax elimination, incentives on investments in upcoming budget

Startups in India have high expectations from this year's upcoming Union Budget. The early-age star…

ANI   


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Geared up for expansion in operations, no question of filing insolvency: SpiceJet chief

SpiceJet has initiated the process of reviving its grounded fleet with the USD 50 million funds rec…

ANI   


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Rise in airfares due to Go First's bankruptcy is temporary says SpiceJet CEO

SpiceJet CEO Ajay Singh on Thursday said there is a need for "more rational airfares" in the countr…

PTI   


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SpiceJet board will meet to consider fund raising funds, conversion of outstanding liabilities into equity

SpiceJet on Tuesday said its board will meet on Friday to consider options to raise funds as well a…

PTI   


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Budget 2024 expectations: From removal of security transaction tax to sovereign green bonds

The FY 2025 budget is around the corner and it is expected that Finance Minister Nirmala Sitharaman…

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Finance Ministry extends Emergency Credit Line Guarantee Scheme till March 2022

The government has been receiving demands from various industry bodies and other stakeholders to…

PTI   


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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…

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Pvt banks to catch up soon on credit guarantee scheme for MSMEs: Kotak

"Three-four weeks from now, the MSME sector will be surprised at how both the private and the publ…

PTI   


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SBI disburses Rs 8,700 cr to MSMEs under emergency credit guarantee scheme

"MSMEs formed a very crucial part of the announcements made under the 'Atmanirbhar Bharat Abhiyan'…

PTI   


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FM Nirmala Sitharaman likely to meet PSU banks heads on Saturday

Finance minister Niramala Sitharaman is scheduled to meet managing directors of public sector banks…

PTI   


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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   


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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   


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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   


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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   


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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   


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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