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2 mins read
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
2 mins read
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
1 min read
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
2 mins read
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…
4 mins read
Budget size almost unchanged from interim, shows govt's commitment to fiscal prudence: Experts
According to the Union Budget 2024-25 presented by Finance Minister Nirmala Sitharaman, the total e…
PTI
2 mins read
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
4 mins read
India’s corporates in ‘wait and watch’ mode as consumption loans zoom
Large corporates are still not driving India’s credit growth as private capital expenditure is yet …
2 mins read
Centre has sanctioned Rs 21,253 crore to tackle Kerala's economic crisis, MoS for Electronics and IT reveals
Prime Minister Narendra Modi has come forward to assist Kerala in a bid to alleviate the state from…
ANI
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…
2 mins read
RBI governor asks realty companies to stress test their books
The governor of Reserve Bank of India (RBI) Shatikanta Das said on Wednesday that the recent measur…
2 mins read
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…
3 mins read
This startup is building infrastructure to automate and ease the process of giving out small biz loans
Lending company U GRO Capital intends to give out small business loans worth ₹2,000 crore to MSMEs …
3 mins read
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 …
1 min read
Ahead of ban order, RBI gave a list of apps working with NBFCs to govt
Earlier this week, the Ministry of Electronics and Information Technology banned 94 loan apps, whic…
PTI
3 mins read
MSME Exchange 2023 goes live on Jan 18: Get insights from leading voices that matter
And to acknowledge these powerhouses, at Business Insider India, we are setting the stage for in…
2 mins read
We're almost there! Here's what to expect from Day 1 of The MSME Exchange 3.0
At 4:30 pm, the opening remarks on policies that support MSME growth and ease of doing business …
3 mins read
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…
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 (…
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
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…