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Union Finance Minister Nirmala Sitharaman reviews performance of RRBs in North East

Union Finance Minister Nirmala Sitharaman chaired a meeting to review the performance of 7 Regional…

ANI   


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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   


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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   


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After UPI, RBI set to launch Unified Lending Interface (ULI) for friction-less credit

The ULI platform facilitates a seamless and consent-based flow of digital information, including ev…

ANI   


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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   


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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   


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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…

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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 …

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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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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 …

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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…

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Day 1, January 18, 2023

Day 1, January 18, 2023

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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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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…

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MSMEs in the face of digital transformation

Whether finance or security concerns, digitization resolves each issue without a hitch. Now, l…

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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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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…

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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