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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
3 mins read
This startup is building infrastructure to automate and ease the process of giving out small biz loans
Lending company U GRO Capital intends to give out small business loans worth ₹2,000 crore to MSMEs …
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…
1 min read
2 mins read
RBI governor asks realty companies to stress test their books
The governor of Reserve Bank of India (RBI) Shatikanta Das said on Wednesday that the recent measur…
4 mins read
India’s corporates in ‘wait and watch’ mode as consumption loans zoom
Large corporates are still not driving India’s credit growth as private capital expenditure is yet …
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 …
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…
6 mins read
Here’s how much banks have increased home loan interest rates
Rising inflation resulted in central banks around the world hiking interest rates. This has also sp…
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
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
ICC demands higher interest subvention on loans for MSMEs to boost employment generation
Since a key agenda of the interest subvention scheme for these enterprises is to get them on-b…
PTI
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
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
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
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…
3 mins read
Supreme Court reserves verdict on extension of loan moratorium period
The Indian Supreme Court reserved its judgement on pleas regarding extension of the loan moratorium…
2 mins read
RBI directs banks and NBFCs to comply with interest waiver scheme
The Reserve Bank of India (RBI) has notified the Centre's scheme for ex-gratia payment of differenc…
3 mins read
Street to keep a hawk eye HDFC Bank’s net interest margin and deposit growth trends
HDFC Bank’s merger with parent HDFC Limited has expanded its book but affected its profitability. I…