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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…

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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…

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2 mins read

India’s newly digitized MSMEs need offline marketing as much as online

While digital marketing may be important to keep up with the digital trends that have emerged post …

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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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Kerala Finance Minister believes in just one economic stimulus ⁠— vaccines

A lot of states have been releasing their own stimulus packages to compensate for the strict lockdo…

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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…

PTI   


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OPINION: Why NBFCs remain key to closing the MSME credit gap

It is widely acknowledged that the micro, small and medium enterprises (MSME) sector has become the…

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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 (…

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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…

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Covid-19 pandemic to hit MSME exporters more: Trade experts

When asked about any numbers, he said estimating any figures of drop seems unrealistic as it would …

PTI   


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COVID-19 pandemic to hit MSME exporters more: Trade experts

"India's major export items such as petrochemicals, gems and jewellery, automobiles and auto compo…

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6 mins read

OPINION: The next four-letter word taking the world of finance by storm

Is BNPL much ado about nothing ? Is this lending practice contemporary or is it just the newly c…

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1 min read

MSME Ministry tech centres manufacturing critical parts of COVID-19 test machine

"These machines are compact and may be taken for testing Anywhere, Anytime, Real-time. The teams of…

PTI   


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Consider cautious restart of MSME in rural areas away from COVID hotspots: CS to DMs

"After evaluating the COVID-19 situation, permission should be granted to restart the MSME (micro, …

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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…

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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 …

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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…

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4 mins read

Finance Minister Nirmala Sitharaman announces six measures for the MSME sector

The six measures for the Micro, Small and Medium Enterprises (MSME) include collateral-free loan…

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1 min read

RBI tells banks to assign 'zero' risk for emergency loans to MSME

The government in May introduced the Emergency Credit Line Guarantee Scheme (ECLGS) for providin…

PTI   


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SBI Chairman Rajnish Kumar hints ₹10,000 crore MSME Fund of Funds will be operational soon

The objective of the Rs 10,000 crore Fund of Funds scheme is to help MSMEs with growth potential at…

PTI