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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 …

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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…

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4 mins read

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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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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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…

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Compound Interest Waiver Scheme applies to everyone but provides limited relief — Here’s everything you need to know

The Compound Interest Waiver Scheme was released by Indian’s Ministry of Finance on October 23. It …

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India’s central bank just gave the country’s small businesses a one-time breather from some of their bad loans — but with a few conditions

The scheme will only be applied to accounts with an outstanding value of ₹250 million or less. I…

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Indian MSMEs can now get a loan approved in just 59 minutes

Micro, small and medium enterprises (MSMEs) in India have been under pressure since demonetisation …

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Many Indian startups and small businesses are running out of cash fast, a new survey shows

India’s startups and small, medium enterprises are struggling to survive from the coronavirus crisi…

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4 mins read

Ujjivan Small Finance Bank sees shrinking interest and fee incomes due to loan moratorium this year

"Although we shall continue to accrue interest income on the outstanding portfolio including those …

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Jana Small Finance Bank IPO allotment – How to check allotment, GMP, listing date and more

Bengaluru-based Jana Small Finance Bank Limited, a non-banking finance company that provides MSME l…

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1 min read

Banks in Gujarat disburse over Rs 2,400 crore to MSMEs

Out of total 89,767 micro, small and medium enterprises (MSMEs) which had applied for loans during…

PTI   


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Cash, capital and credit trickle down to small businesses at a frustratingly slow pace — tech can speed them up

While MSMEs were already finding it difficult to manage their cash flows including the rigorous …

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SBI announces new vertical to focus on rural and semi urban areas

The thrust is also to improve service quality and availability of banking services through the…

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RBI announcements to help infuse liquidity, facilitate bank credit flows: Experts

Trade Promotion Council of India (TPCI) Chairman Mohit Singla said steps like 90-day NPA (non-perfo…

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RBI announcements to help infuse liquidity, facilitate bank credit flow: Exporters

Trade Promotion Council of India (TPCI) Chairman Mohit Singla said that steps announced by RBI, li…

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More measures to boost economy as and when required: FM

New Delhi, Dec 13 () Finance Minister Nirmala Sitharaman on Friday promised more stimulus measures …

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The Modi administration continues its courtship of small businesses with a GST breather — but it seems unlikely that state governments will opt in

The council decided to double the minimum revenue threshold for compliance with the tax to ₹4 mi…

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2 mins read

Start-ups, MSMEs get a boost in Budget 2015

Promising Acche Din for budding entrepreneurs, the Modi government announced a slew of initiatives …