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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
RBI launches innovative program to revolutionize credit access for MSMEs
Mumbai (Maharashtra) [India], September 14 (ANI): The Reserve Bank of India (RBI) has embarked on a…
ANI
2 mins read
SLBCs can play effective role in financial inclusion by better coordination with govt, NGOs: RBI DG
Deepening financial inclusion is not merely about increasing the number of bank accounts but about …
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…
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 …
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 …
4 mins read
The significance of India-first innovations to make future-ready MSMEs a reality
Creating tailored solutions for Indian businesses that address their unique needs is crucial for di…
3 mins read
MSMEs in the face of digital transformation
Whether finance or security concerns, digitization resolves each issue without a hitch. Now, l…
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
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 …
1 min read
Paytm to focus on big ticket loans to low-risk credit-worthy customers
India's leading payments and financial services distribution company Paytm has announced its expans…
ANI
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…
4 mins read
PM Modi flags concerns over bias in AI; calls for ethical use
Prime Minister Narendra Modi on Sunday called for a global framework for ethical use of Artificial …
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…
1 min read
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
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 (…
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
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…
1 min read
Central Bank of India launches emergency credit line for MSMEs
"No penal interest is to be recovered and no guarantee fee is to be charged from the customer to c…