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Latest Articles in msme

Auto Dealers Could Be Included In MSME – Gadkari

Gadkari said, the officials recognizes auto dealer as a traders, but I don’t think they are only traders. They not only sell automobiles but perform various functions which can range from components to servicing.

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Govt Announces Rs 3 Lakh Crore Collateral-Free Automatic Loans For MSMEs

These loans will have a four-year tenure and have a moratorium for 12 months on principal payment.

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Relooking Strategies For Post-pandemic Management

India has the highest rate of interest in finance. If this is not reduced, MSMEs will continue to struggle as the working capital will become expensive.

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What Can MSME Owners Do To Manage COVID-19 crisis?

This crisis has also raised red flags about the current business models. MSME owners can prepare a list of learnings from this crisis situation and also explore alternative business models.

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Turning The Crisis Into An Opportunity: Rajiv Kumar, Niti Aayog

We can devise modalities to prevent large scale bankruptcies within the large corporates & the MSMEs if sufficient resources be mobilized: Rajiv Kumar, NITI Aayog

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Needed: Bold Economic Life Support to Ride out The Pandemic

Bold and decisive actions are now needed not only to reduce the spread of the disease, but also to stem the free-falling economy and provide a safety net to people and business and commerce.

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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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