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Latest Articles in msme

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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Privately Held But Publicly Available

Lenders and corporates alike can take more informed decisions on associating with private companies if they have access to quality data

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The Power Of FinTech

India’s fintech market is forecast to double by 2020, from $1.2 billion at present

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The Nation's Economic Status Is Directly Proportional To MSME Performance: Giriraj Singh, MoS, MSME

He adds "The ease of doing business has crossed the barrier of greeting people with garland, it's a one window ease and it's the major cause of our rankings in ease of doing business"

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More Capital Will Push PSBs To Up MSME credit: Arun Jaitley

Finance Minister Arun Jaitley today said more capital for state-owned banks will prompt the PSBs to increase credit flow to MSMEs so that the 'third engine' of private investment is fired up to propel growth and create jobs.

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More Viable Projects Needed For Financing In MSME Food-Processing Sector: Rahul Rai, Partner & Director, Rabo Equity Advisors Ltd

"There is a dire need to change and realign the definition of MSMEs. The conviction of MSMEs to do great comes from their ability to staff people, capitalize the business and innovation," Sumit Gupta, Group President and National Head of Business and Rural Banking, YES Bank

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Non-Capital-Intensive, Technological Inputs Needed For MSME Food Processing Sector: P.L. Kaul, Chairman & MD, Mariental India Pvt Ltd

"Almost 85% of all processed food comes from MSME sector. Even products marketed by MNCs today are sourced from the MSME sector,” P.L. Kaul, Chairman & MD, Mariental India Pvt Ltd

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India’s Share In Global Trade Of Processed Food Negligible: Devendra Kumar Singh, Chairman, APEDA

"We have a younger generation with wonderful ideas, they are innovative, and they think of fusion and are enthusiastic. We have to see how this potential can be harnessed into making India a future food supplier of the world,” Dr Subodh Jindal, Managing Director, Excelsior Food and Chemical Industries and President, All India Food Processors’ Association

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