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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
IIFL Finance emerges as second largest gold loan NBFC
The market leader in gold loans is Muthoot Finance with an AUM of Rs 66,089 crore, as of Sept…
PTI
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…
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…
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…
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…
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 …
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…
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 …
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
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…
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
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…
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…
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…
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
Bank of Maharashtra tops list of public sector lenders in loan growth, asset quality
The Bank of Maharashtra (BoM) has emerged as the top performer among state-owned lenders in terms o…
PTI
Banks launch special emergency loans for customers amid COVID-19 crisis
"We expect that these credit lines will meet the immediate liquidity requirements of businesses. S…
PTI
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…
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…