Page 2 of MSME Finance

SBI Chairman pitches for dedicated institutions to track end-use of funds raised by small businesses

A “viable mechanism” is needed to ensure that the funds are used for the intended purposes, Setty said in remarks…

January 10, 2025 14:46 IST

Budget 2025: NBFCs seek priority status, reduction in SARFAESI act threshold to Rs 1 lakh

The upcoming budget to be presented by Finance Minister Nirmala Sitharaman on February 1 holds significance for NBFCs as the…

January 10, 2025 13:19 IST

RBI, RBI MPC, rate cut, repo rate, interest rate, growth, GDP, inflation, forex reserves, currency intervention, CRR

KredX becomes 5th operator of RBI’s TReDS after RXIL, M1xchange, Invoicemart, C2treds

The company on Thursday said it has received the final approval from the central bank to commercially launch its invoice…

January 9, 2025 15:53 IST

Q3 Results, Q3 Results Today, Q3 Results Live Updates, Q3 Earnings Live Updates, UltraTech Cement United Spirits Q3 Results, Syngene International Q3 Results, Tejas Networks Q3 Results, Zee Entertainment Enterprises Q3 Results, Ujjivan Small Finance Bank Q3 Results, V2 Retail Q3 Results, Thyrocare Technologies Q3 Results, Suryoday Small Finance Bank Q3 Results, Mankind Pharma Q3 Results, MphasiS Q3 Results, Nippon Life India Asset Management Q3 Results, KFin Technologies Q3 Results, LKP Securities Q3 Results, Adani Green Energy Limited Q3 Results, Dr Reddy’s Laboratories Q3 Results Q3 Results, Adani Energy Solutions Q3 Results, INDUS TOWERS Q3 Results, Hindustan Petroleum Corporation Q3 Results, Indian Energy Exchange Q3 Results

Govt to soon launch new credit guarantee scheme for MSME sector up to Rs 100 cr

The scheme is expected to be placed before the Union Cabinet soon for its approval.

January 9, 2025 11:52 IST

Banana chips maker Beyond Snack raises $8.3M round led by ex-Reckitt Benckiser CEO Rakesh Kapoor’s fund

Japanese VC firm Enrission India Capital along with existing investors NAB Ventures and Faad Network also participated in the round.

January 9, 2025 11:43 IST

RBI MPC Meeting, RBI MPC Meeting February: The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) will start its three-day meeting on February 5.

RBI’s innovation arm, IIMA Ventures launch startup programme for women’s financial inclusion

The programme is currently inviting applications from startups working on gender-inclusive financial solutions, targeting those with a demonstrable minimum viable…

January 9, 2025 11:23 IST

Budget 2025 Expectations Live, Union Budget 2025 Expectations: Finance Minister Nirmala Sitharaman will table the Union Budget 2025 in Lok Sabha on February 1.

Budget 2025: Fintechs call for measures to boost credit access to MSMEs

While a string of policy announcements in the past few years, particularly post-Covid has been able to cater to short…

January 7, 2025 12:03 IST

Space industry funding in India falls 55% in 2024, data show

The drop, which came amid a global 20% decline in space sector investment, marks the first fall in at least…

January 6, 2025 16:25 IST

Delayed payments: Unpaid MSME dues near Rs 50,000 crore

As of January 6, 2025, 2.18 lakh delayed payment applications have been filed by MSEs since the launch of the…

January 6, 2025 10:21 IST

What rise of domestic VCs means for foreign capital backed Indian startup ecosystem

India’s startup ecosystem has historically relied on foreign capital to scale. This initial funding proved essential, but it also created…

January 5, 2025 12:12 IST

Bank credit to MSMEs 15% of non-food credit in November: RBI data

Bank credit to MSMEs 15% of non-food credit: RBI data

Credit deployed to MSMEs in November was 15.5 per cent of Rs 170 lakh crore in non-food credit of scheduled…

January 3, 2025 16:18 IST

Budget 2025: Urgent need for dedicated refinance window for NBFCs, says FIDC

The council also called for doing away with the need for NBFCs to register as NBFC-Factor to undertake factoring services…

January 3, 2025 13:12 IST

Budget 2025: FISME urges Nirmala Sitharaman to rework on framework for revival of stressed MSMEs

In its recommendations for the upcoming budget, FISME said the SMA framework should not stop just at the identification of…

Updated: December 31, 2024 13:19 IST

bank holidays, banking sector, banks, RBI, holiday list, banking services

How much loan RBI’s UPI-like lending platform has disbursed in its pilot?

The ULI (earlier called Public Tech Platform for Frictionless Credit) is a digital public infrastructure in the lending space, which…

December 30, 2024 14:27 IST

Early-stage investor Enlighten Angel Fund launches Rs 200 crore startup fund

The fund also announced that it has received SEBI approval to operate as an Alternate Investment Fund (AIF) and will focus on early-stage…

December 27, 2024 13:25 IST

Apex MSME lender SIDBI’s direct lending book to grow over 80% by FY27: FinMin

SIDBI had a direct lending portfolio of Rs 26,826 crore as of March 31, 2024.

December 24, 2024 10:12 IST

Bengal hopeful of surpassing Rs 1.53 lakh crore credit target for MSMEs in FY’25

“Already, in the first two quarters, around 77 per cent of the target has been achieved,” said Amit Mitra, principal…

December 21, 2024 11:34 IST

Financing platform Velocity launches Rs 200 crore fund for restaurants, cloud kitchens

Velocity offers cash-flow based financing for restaurants and cloud kitchens to manage capital expenditure, working capital, open new outlets, purchase…

December 19, 2024 14:57 IST

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