
The youth selected under the Agnipath scheme, which was approved by the Cabinet in 2022 as a recruitment scheme to…
UGRO’s total debt stood at over Rs 5,300 crore during Q2 FY25, growing from Rs 3,798 crore during Q2 FY24…
The loan product is aimed at businesses in tier II towns and beyond to support their working capital needs.
SIDBI said it surpassed the milestone figure of Rs 5 lakh crore balance sheet in FY24 with its asset base…
Sharing the update on Monday in a post on X, CGTMSE said the Rs 1-lakh-crore-guarantee mark was achieved in 219…
The latest round would take the company’s total equity capital infusion to Rs 1,250 crore.
The five-year scheme with a corpus of Rs 13,000 crore enables up to Rs 3 lakh collateral-free loan to artisans…
The scheme, facilitated by the digital lending platform Online PSB Loans, enables in-principle bank approval for collateral-free term loans or…
The total MSME loans originated or sanctioned in FY24 were 2.74 crore involving Rs 54.2 lakh crore, growing by 19.3…
The survey conducted on B2B payment trends and challenges faced by over 2,800 of Recorded member businesses from across the…
Launched in 2016, Stand Up India enables credit between Rs 10 lakh and Rs 1 crore to at least one…
With the right policies and a collaborative effort from all stakeholders, OCEN can significantly reshape the financial landscape, ensuring that…
To foster a more inclusive MSME sector, it is imperative to address challenges and implement strategic initiatives that leverage advanced…
Even today, many financial institutions (FIs) are driven by processes that favor companies with a history of high credit scores,…
Priority credit to MSMEs in April was 14.9 per cent of Rs 164.76 lakh crore in India’s non-food credit during the…
In terms of asset quality, Aye Finance claimed net NPAs (non-performing assets) under 1 per cent of the loan book.
The company had targetted Rs 100 crore profit and Rs 5,000 AUM in FY24.
The company has so far raised $41.5 million in funding, with $19 million in its last pre-Series C round from…