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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
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…
2 mins read
IPO Overview : DEE Piping, Akme Fintrade, GPES Solar
IPOs of Aasan loans and DEE piping systems are debuting on the market today, and will close on 21st…
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…
1 min read
2 mins read
SME digital bank can provide services like business CASA accounts to MSMEs: Biz2Credit co-founder
Ahead of the Union Budget, Rohit Arora, CEO and Co-Founder of Biz2X, has suggested the government n…
PTI
3 mins read
Manufacturing sector's growth momentum to sustain for 6-9 months: FICCI
The FICCI Survey reveals that after experiencing a revival of the Indian economy in the FY 2021-22,…
ANI
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…
2 mins read
India’s central bank is moving ahead with plans to set up the country’s first public credit registry
The Reserve Bank of India (RBI) has moved a step closer to establishing the country’s first pub…
2 mins read
Raghuram Rajan reminds India what caused bad loans, warns Mudra loans could be the next wave Of NPAs
“Both MUDRA loans as well as the Kisan Credit Card, while popular, have to be examined more clos…
3 mins read
India’s government wants to dilute an important corrective programme for the nation’s struggling lenders — and the central bank is having none of it
The Reserve Bank of India (RBI) and the central government are in the midst of a very public confro…
2 mins read
Kerala floods could lead to a surge in bad loans at India’s regional banks
The economic distress from the recent floods in Kerala is mounting. Total losses have been pegged a…
2 mins read
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…
5 mins read
Can I defer my credit card payments and FAQs on HDFC Bank’s moratorium process answered
We understand in this current situation there may be disruptions in business leading to low cash…
1 min read
Askme joins SME race, to finance 14 million sellers with upto Rs. 1 Crore loans
Speaking on the alliance, Mr. R Balaji, Vice President, Mahindra Finance said, “Our financial solut…