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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 …
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
Transition to net-zero should be inclusive to avoid accentuation of social inequality, says ITC CMD Puri
In his address at the Business-20 (B20) India inception meeting in Gandhinagar, Puri also called fo…
PTI
3 mins read
MSMEs can aid waste management in India but need more hand holding
It was less than a year ago that Prime Minister Narendra Modi launched the second phase of the Swac…
2 mins read
Aditya Birla group to spend ₹2,000 crore on an MSME e-commerce venture
Grasim Industries announces foray into a business-to-business e-commerce platform for building mate…
2 mins read
Budget 2023-24: Positive for infra and credit growth
The budget for fiscal 2024 is growth-oriented and focuses on capital spending to stoke demand and u…
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…
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…
1 min read
International Finance Corporation proposes to invest $100 million in Hero Fincorp's secured debt
According to IFC, the proposed investment will enable Hero Fincorp to expand is loan book acro…
2 mins read
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
4 mins read
IOB raises lending target for home, MSME loans; hopes to be profitable soon: CEO
"In the MSME segment, we are right now in the range of Rs 31,000 crore lending portfolio, we want …
PTI
3 mins read
‘India will get its growth back’, says a confident PM Modi in an address to top industry leaders
“India will get its growth back. There are a lot of expectations from India globally,” Prime Minist…
1 min read
Govt To Ease Credit Facilities Available To the MSMEs
He added that the ministry is working towards streamlining the process of filing entrepreneurs’ mem…
7 mins read
Budget 2021: From Income Tax deductions to creating jobs and boosting healthcare – Here’s all that could be in Nirmala Sitharaman’s fiscal plans
India’s Finance Minister Nirmala Sitharaman is set to announce the annual budget on February 1, 202…
2 mins read
SBI Caps report highlights optimistic outlook for the Indian economy, despite deteriorating global pitch
State Bank of India (SBICAPS) report titled "Maintaining Momentum on a Deteriorating Global Pitch" …
ANI
3 mins read
Ikea looks at next round of investment in India after fulfilling ₹10,500-crore promise
Swedish furniture retailer IKEA is looking at the next round of investment in India after exhaustin…
PTI
2 mins read
Fedbank Financial Services IPO sails through, subscribed 2.2x
As much as 38% of the public offering of Fedbank Financial Services was subscribed on the first day…
3 mins read
Fedbank Financial Services IPO to open on November 22; price band fixed at ₹133-140/sh
The initial public offer (IPO) of Fedbank Financial Services will open for subscription on November…
1 min read
Finance Bill passed in Lok Sabha amid opposition protest
The Lok Sabha on Friday passed the Finance Bill 2023 without any discussion through voice vote, ami…
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…