Page 7 of MSMEs

Bank credit to micro, small enterprises up 8% to over Rs 13 lakh cr in February: RBI data

Credit and Finance for MSMEs: The overall bank credit deployed to the MSME sector in the country stood at Rs…

April 3, 2022 13:48 IST

Congress workers ride horses and participate in a march towards West Bengal Governor's residence to protest over the hike in prices of petrol, diesel and LPG cylinders, in Kolkata (PTI Image)

Across the Aisle by P Chidambaram: Poor pay for their own welfare!

The main sources of revenue of the government were GST and the taxes on fuel. In the latter, the government…

April 3, 2022 06:00 IST

Ukraine war: How this small exporter is seizing opportunity to double wheat exports amid demand surge

Trade, import and export for MSMEs: Ukraine and Russia reportedly catered to around 25 per cent of the global wheat…

March 31, 2022 15:55 IST

‘Why mandating audit trail might increase the compliance burden for businesses’

Ease of Doing Business for MSMEs: While there is no doubt that the mandate pertaining to the new audit trail…

March 30, 2022 17:02 IST

Cabinet approves Rs 6,000-crore RAMP programme for over 5 lakh Covid-hit MSMEs

Credit and Finance for MSMEs: The programme was announced back in 2020 by the government and the World Bank to…

March 30, 2022 15:10 IST

Fintech platform CredAble disburses record $3 bn to 1,50,000 SMEs in 12 months

Credit and Finance for MSMEs: The disbursements were enabled via capital sourced from over 30 financial partners including private banks,…

March 30, 2022 13:46 IST

Narayan Rane: MSME Ministry coming out with Global Market Intelligence System to support MSME exports

Trade, import and export for MSMEs: “Our focus is towards providing easy credit, better technology support, and access to the…

March 29, 2022 14:41 IST

ECLGS: Rs 3.23 lakh crore loans provided by banks to 1.17 crore MSMEs, others: Govt

Credit and Finance for MSMEs: 95 per cent or 1.12 crore beneficiaries under ECLGS were MSMEs.

March 29, 2022 09:00 IST

Nearly Rs 2,000 crore left unspent on MSME schemes in FY21 due to Covid: Govt

Credit and Finance for MSMEs: The share of unspent amount by the MSME Ministry out of the total amount allocated…

March 28, 2022 20:28 IST

Impact of Russia-Ukraine war on MSME exports to be assessed after situation stabilises: MSME Minister

Trade, import and export for MSMEs: MSMEs had a share of 57 per cent and 59 per cent in India’s…

March 28, 2022 17:48 IST

SMEs raised over Rs 900 crore through IPOs in FY22, up nearly 4X from previous year

Credit and Finance for MSMEs: The overall IPO momentum is likely to continue in the coming financial year as 54…

March 28, 2022 15:29 IST

Nearly 30,000 micro enterprises scaled up to become small businesses: Govt data

Ease of Doing Business for MSMEs: Udyam portal was launched after the government revised the MSME definition in June 2020…

March 27, 2022 19:24 IST

PM Modi: Close to 1.25 lakh small entrepreneurs, shopkeepers have sold goods directly to govt via GeM

Ease of Doing Business for MSMEs: Launched in August 2016, GeM currently has 40 lakh sellers and nearly 60,000 buyers…

March 27, 2022 14:33 IST

SIDBI sanctions Rs 1,000 crore to Odisha govt for development of MSME clusters, credit to small businesses

Credit and Finance for MSMEs: The SCDF scheme provides moderately priced loans to state governments for upgrading various existing MSME…

March 27, 2022 13:09 IST

Unsecured loans: What MSMEs should do to get credit from banks, NBFCs without collateral

Credit and Finance for MSMEs: Even as securing credit via the cash flow-based model is relatively easier than raising an…

March 24, 2022 10:00 IST

What’s cash flow-based lending for MSMEs to cover operational expenses

Credit and Finance for MSMEs: The growing focus among lenders on cash flow-based credit has come in the backdrop of…

March 24, 2022 07:00 IST

Bank of Baroda, RBI’s Innovation Hub to boost financial inclusion for millions of women entrepreneurs, others

Credit and Finance for MSMEs: Bank of Baroda said the programme will bring together fintechs, financial service providers, innovators and…

March 23, 2022 19:38 IST

Piyush Goyal: $400 bn goods export true testimony of capabilities of MSMEs, young entrepreneurs, others

Trade, import and export for MSMEs: “India set an ambitious target of $400 Billion of goods exports & achieves this…

March 23, 2022 18:43 IST

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NBBL targets 1 billion monthly transactions

Money6 hr ago

NPCI’s subsidiary NBBL plans to process 1 billion transactions per month in the next three years, targeting half of India’s households and processing 3 bills per household. The launch of Banking Connect, an interoperable platform, aims to enhance the digital payment experience for online merchants. It has already partnered with major banks and payment aggregators, with more banks in the pipeline.

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