Page 52 of MSME Finance

MSME, SME, industries, GSDP, Agriculture, Service sector, sector-wise GSDP, Tamil Nadu, Reserve Bank of India, Gross State Domestic Product, Micro, Small and Medium Enterprises, GDP growth, demonetisation, automobile companies, small businesses, manufacturing sector, Maharashtra, Karnataka, Gujarat, economy, economy growth

Tamil Nadu MSMEs’ share in GSDP witnessed maximum decline, sector-wise growth stagnant: RBI data

Ease of Doing Business for MSMEs: Tamil Nadu’s sector-wise contribution towards Gross State Domestic Product (GSDP) has remained stagnant in…

September 23, 2022 13:41 IST

TerraPay, NPCI International collaborate for cross-border merchant payments via UPI-enabled QR codes

Technology for MSMEs: According to TerraPay, customers with active UPI IDs (350 million bank accounts) will be able to transact at…

September 22, 2022 19:28 IST

MSME bad loans for banks may rise to 11% in FY24 from 9.3% in FY22: Crisil

Credit and finance for MSMEs: “While relief measures did help contain asset quality deterioration last fiscal, the (MSME) segment saw…

September 21, 2022 15:21 IST

SME Artha 2022: India’s top MSME voices, banks, NBFCs, others deliberate on trends in MSME lending landscape

Ease of Doing Business for MSMEs: “Formalisation of the MSMEs is of utmost importance to ensure access to credit and…

September 21, 2022 14:47 IST

SIDBI announces multiple MoUs to help MSMEs embrace energy efficiency

Sustainability for MSMEs: The first memorandum of understanding (MoU) was signed with the German development agency Deutsche Gesellschaft für Internationale…

September 18, 2022 13:25 IST

5 ways fintechs can help MSMEs solve their creditworthiness issues

Credit and finance for MSMEs: While there was an expected dip in credit demand during the roughest years of the…

September 17, 2022 13:00 IST

SIDBI profiles MSME ecosystem of 16 states to share best practices for small business growth

Ease of Doing Business for MSMEs: SIDBI said the state profiles, which are launched for the first time, are to…

September 15, 2022 19:19 IST

Electronics maker Virtuoso Optoelectronics lists on BSE SME; 391st company on SME exchange

Credit and Finance for MSMEs: The company completed its public issue on September 07, 2022.

September 15, 2022 13:21 IST

ACC battery manufacturing: Banks may be reluctant to lend to smaller players, says NITI Aayog-RMI India report

Credit and Finance for MSMEs: “Banks may charge a higher interest rate for a comparatively newer technology to minimise their…

September 14, 2022 15:40 IST

MSME federation FISME cautions businesses against alleged unethical practices by Axis Bank

Credit and Finance for MSMEs: According to FISME, Axis Bank may levy fake claims in the name of ‘non-compliance charges’…

September 13, 2022 19:40 IST

FMCG company Annapurna Swadisht fixes Rs 68-70 per share for book-building issue on NSE Emerge platform

Credit and Finance for MSMEs: Market veteran Shankar Sharma, Amit Bhartia, erstwhile Partner, GMO Singapore Pte, NAV Capital Emerging Star…

September 12, 2022 17:29 IST

NBFC AUM: Unsecured SME, consumer loans may be the only segment to touch pre-Covid growth this FY: Crisil

Credit and finance for MSMEs: While business loans will benefit from macroeconomic tailwinds given the expected 7.3 per cent GDP…

September 12, 2022 15:23 IST

BSE SME: Pharma company Dipna Pharmachem lists on SME exchange

Credit and finance for MSMEs: Dipna Pharmachem launched its initial public offering of 40,02,000 equity shares of Rs 10 each…

September 11, 2022 19:38 IST

Nine banks buy stakes in ONDC, will integrate their MSME customers with the network

Ease of Doing Business for MSMEs: The banks would be able to leverage transaction data from the network to deliver…

September 9, 2022 16:49 IST

Agri tech, agriculture, MSME, SME, small business, traditional businesses, retailers, farmers, agro-based industry, Ayekart, Caspian Debt, Siply, ange fund, debt fund, debt funding, startup, agri startup, Gross Transaction Value, GTV, agri-ecosystem, technology, smetech, fintech, agro, seed funding, covid pandemic, food processing, small and traditional sellers, dealers, farmers, millers, processors, distributors, retailers

Fintech company Ayekart raises funding of $5.5 million to help agri-related businesses grow

Credit and Finance for MSMEs: The company said that the fund will help traditional businesses with financial and technological assistance…

September 7, 2022 17:24 IST

Axis Bank partners with PayNearby to launch savings, current bank accounts for rural SMEs, customers

Credit and Finance for MSMEs: “The partnership will enable Axis Bank to extend its banking services to a huge customer…

September 7, 2022 15:35 IST

Trade, MSME, SME, SMEtech, business, SaaS, loan, credit, B2B, TradeIndia, Biz2X, Biz2Credit, digital lender, online marketplace, e-marketplace, omnichannel, Maadhyam, Infocom Network Private Limited, line of credit, invoice-based financing, small business, small industries, credit crunch

Online lending platform Biz2X partners with B2B e-commerce portal TradeIndia for credit access to MSMEs

Credit and Finance for MSMEs: The collaboration has been done through Biz2X’s digital platform Maadhyam, a middleware platform under the…

September 6, 2022 17:42 IST

Paytm: 72% YoY increase in merchant payments volume to Rs 2.10 lakh crore in July-August

Credit and finance for MSMEs: The company’s overall loan distribution business scaled to 6 million loans disbursed during July and…

September 6, 2022 14:54 IST

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The town under curfew for fifth day, first relaxed for four hours on Saturday, peacefully. Four killed, 50 arrested for rioting. Sonam Wangchuk detained under National Security Act. Lt Governor to decide on relaxation of restrictions. Mobile internet services suspended, prohibitory orders in place. Last rites of two slain to take place today.

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