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Latest Articles in msme

RBI Announces Steps To Boost Loans To Real Estate, Auto And MSMEs

Finance Minister Nirmala Sitharaman said the government has asked the central bank to extend the debt restructuring window by another year ending March 31, 2021.

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Transport Policy In A Month; Focus Will Be On Innovation, Reforms In Public Transport: Gadkari

The policy is being designed in such a fashion that it will focus on innovation and reforms and all obstacles on the way have already been removed.

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Technology And Digitization Have Emerged As Powerful Drivers For Transforming Business Processes: HP Singh, Satin CreditCare

In an exclusive interview with BW Businessworld, HP Singh MD & Chairman, Satin CreditCare spoke about the company and more.

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49% Of Indian MSMEs Still Prefer Traditional Lending Channels Over Digital: Report

The findings also suggest that 35% of MSMEs shifted to digital payments, given the ease of transaction, 9% for the availability of data synchronization and privacy features, and 11% due to customer preference.

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Govt Working On Policy To Push MSME Exports: Nitin Gadkari

MSME sector has 29% contribution in country's growth and 48 per cent of export is done through MSMEs.

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U GRO Capital, Sunvest Capital Launch Rs 20 Crore Rooftop Solar Co-Lending Programme

The collaboration assumes significance as the government has set a renewable energy target of 175 GW by 2022 and solar rooftop energy is expected to contribute 40 GW to the overall target.

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SBI To Adopt Repo Rate As External Benchmark For All Floating Rate Loans

The external benchmark for all floating rate loans for MSME, housing and retail loans effective October 1, 2019.

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Government Seeks To Tap Foreign Lenders For Loans To Its Small Firms: Sources

The official said the government plans to source up to 1 trillion Indian rupees of loans from foreign institutions because Indian banks were not in a position to provide enough capital for the small business sector, which is seen as critical to job creation.

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ICICI Bank Launches ‘InstaBIZ’ Banking Platform For MSMEs

The programme allows customers to avail as many as over 115 products and services in a digital and secure manner on their mobile phone or internet banking platform.

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Government Of Haryana Signs MoU NSE To Fuel Growth Of MSME’s In State

NSE has similar arrangements with other 7 states - Uttar Pradesh, Uttarakhand, Rajasthan, Punjab, Gujarat, Andhra Pradesh, and Odisha.

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Khalifa Fund Sets Operational Framework For Entrepreneurship Support Agreement With Togo

The $15 million fund is expected to help support micro and SME projects, especially across priority segments like the agricultural and technology sectors of the country.

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Unlocking Opportunities For Digital Lending

Fintech startups have shown the way to promote digital lending. It is now time for the bigger, more influential and resourceful players to follow our lead and leverage the opportunities available in this space.

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Committed To Making In India: Vivek Lall, Lockheed Martin’s Vice President, Strategy and Business Development

Lockheed Martin, which is offering India the F-21 medium multi-role combat aircraft, proposes to draw the country into its global supply chain by shifting its entire production of F-16 wings to Indian shores. In a chat with Manish Kumar Jha, Lockheed Martin’s Vice President, Strategy and Business Development, Vivek Lall, reiterates the US multinational’s commitment to growing the aerospace ecosystem in India “Committed to Making in India”

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Cash Suvidha Disburses Loans Worth Rs 410 Cr In FY18-19

It has substantially disbursed around Rs 410 crore of loans in the financial year 2018-2019 and targets to disburse Rs 1000 crore loan amount by the end of March 2020.

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India's Small Businesses Find Credit In Short Supply After Mega-fraud

Several other small business owners told Reuters they too had struggled to get credit, with banks more wary of taking loan decisions based on past relationships with customers since the PNB fraud

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