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2 mins read
Union Budget 2024: More for new additions in workforce, internship in top 500 companies
In order to promote upskilling, the budget also promised loans of up to Rs 7.5 lakh, which will be …
2 mins read
Continue 45-day MSME payment rule: Industry body to Finance Minister Nirmala Sitharaman
According to Section 43B(h) of the Income Tax Act, introduced through the Finance Act 2023, if a la…
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…
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
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…
3 mins read
MSME credit demand jumps 60% from pre-pandemic levels – a sign of rebound in economic activity
The sector is undergoing a quiet but steady revival, going by the increase in credit demand and a m…
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
How to apply for an MSME loan online and get approval in 59 minutes
The Indian government announced a special scheme for micro, small and medium enterprises, allowing …
4 mins read
Only 5% of the government’s MSME emergency loan package is disbursed after a month — private banks are sitting tight
Private banks are yet to play their part. As part of the coronavirus stimulus package, the In…
2 mins read
Small businesses, big ideas: MSME Exchange is back with its third edition
While the policy push has certainly helped the sector and its entities when it comes to innovati…
3 mins read
The key to eliminating the MSME finance gap in emerging markets
While some experts believe survival will remain the top priority for micro, small, and medium-sized…
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 …
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…
3 mins read
Financial Institutions Turning Towards MSME Lending
Almost every type and size of industry took a hit during the pandemic; MSMEs, however, were affe…
2 mins read
The proposed new definition of MSME will make 90% of Indifi’s borrowers ‘micro’, says CEO
Finance Minister Nirmala Sitharaman on May 13 said that the definition of micro, small and medium e…
2 mins read
Nearly half of MSMEs witness up to 50% fall in revenues, says a new report
The findings are based on responses from 14,444 MSMEs. The survey, conducted in the second half…