
The Reserve Bank Innovation Hub (RBIH) has announced its Unified Lending Interface (ULI) — a platform that will allow lenders…
The scheme, which aims to offer growth capital to MSMEs, has a provision of Rs 10,000 crore from the central…
For MSMEs, receivables securitization offers a more flexible and cost-effective way to access liquidity compared to traditional invoice financing.
Most of the MSMEs applying for loans operated in manufacturing, retail, or seasonal industries, revealing that uninterrupted supply was key…
The company said it will deploy fresh capital for on-lending to microfinance borrowers, focusing on rural women and underserved populations.
IFC said it will help FLexiLoans strengthen its loan operation and risk management practices as its business continues to scale.
“While regulatory policies and government schemes have played a crucial role in creating an enabling environment for MSMEs, it is…
RBI in 2020 had permitted scheduled commercial banks (SCBs) to co-lend with all registered NBFCs including housing finance companies to…
The minister said traditionally, the banking sector has relied heavily on collateral-based lending models. This approach, while effective in certain…
The total income from operations for the half year increased to Rs 202 crore compared to Rs 194 crore for…
Speaking at the National MSME Cluster Outreach Programme in Bengaluru, Sitharaman said that the grievances of MSMEs will be solved…
The total priority credit to MSMEs in September was 15.2 per cent of India’s non-food credit of Rs 171 lakh…
The PSB Loans in 59 Minutes enables in-principle approval to a loan application within 59 minutes.
Credit provided under the scheme is for both term loan and working capital requirements in manufacturing, trading and service sectors,…
With the overdraft, term loan and trade facilities, the new loan facility will underwrite borrowers based on their ‘digital scorecard’.
The platform is expected to facilitate an additional Rs 5,000 crore in loan disbursements by the end of FY2025, further…
The latest debt infusion includes Rs 15 crore from an undisclosed public sector bank, Rs 4.1 crore through non-convertible debentures…
The company said it has signed a commitment letter with the DFC — a development finance institution — which partners…