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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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RBI approves IDFC-IDFC First Bank merger

Reserve Bank of India has given its nod for the reverse merger of IDFC Ltd with its banking subsidi…

PTI   


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3 mins read

Capital Small Finance Bank IPO to open on Feb 7, sets price band at ₹445-468/sh

The initial public offer of Capital Small Finance Bank will open on February 7 and close on Februar…

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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 …

Business Insider Latest Story Image
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…

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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…

Business Insider Latest Story Image
3 mins read

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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3 mins read

Financial Institutions Turning Towards MSME Lending

Almost every type and size of industry took a hit during the pandemic; MSMEs, however, were affe…

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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 …

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1 min read

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   


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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 …

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3 mins read

RBI announces incentive for lending to MSME, home, auto sectors

"As a part of this, it has now been decided that scheduled commercial banks will be allowed to ded…

PTI   


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3 mins read

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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2 mins read

Bankers say private capex will take one more year to revive

Banking industry's lobby grouping Indian Banks Association's chairman A K Goel said the increased c…

PTI   


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MSME restructuring extension signify RBI's shift in stance on asset quality, transparency: Fitch

"Fitch believes that these extensions are only likely to defer asset-quality pressures unless ther…

PTI   


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1 min read

Double moratorium period to 6 mths, provide credit guarantee for MSME loans: IBA to RBI

Based on the representation made by various industry associations, a detailed and comprehensive li…

PTI