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1 min read
India actively taking steps to become global manufacturing centre: Lazard report
It further noted that in his two terms in power, Prime Minister Narendra Modi has stabilised the ec…
ANI
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
4 mins read
84% of Indian small businesses anticipate robust growth in 2024: CPA Australia survey
A recent Certified Practising Accountant (CPA) Australia survey has revealed an overwhelming optimi…
ANI
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
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 …
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
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…
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
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 …
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
DBS Bank’s handcrafted solutions to empower MSMEs across India
Being a major contributor to the socio-economic development of the country, this sector has been…
3 mins read
MSMEs with bank loans due up to Rs.50 crore can get their loans restructured
The second iteration of RBI’s restructuring offer was originally introduced in early May but was…
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 (…
2 mins read
Union Bank, Tata Power Renewable join hands to help MSMEs switch to solar
MSME industries who are Tata Power customers can avail loans up to ₹8 crore with nil or minimum col…
2 mins read
Instamojo is now approving small ticket loans on WhatsApp and it has become an instant hit
Fintech platform Instamojo has taken its ‘sachet loans’ to WhatsApp. Sachet loans are small-sized l…
2 mins read
Women-led Kinara Capital raises Rs 200 cr to empower MSMEs in India
Kinara Capital, which offers unsecured business loans for MSMEs, on Friday said it has raised Rs 20…
2 mins read
A banker's checklist for MSMEs who want a loan
Micro, small and medium enterprises are at the heart of India’s economy. According to the Confedera…
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…
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…