Protean eGov will act as an ONDC technology service provider, facilitating credit access through PayNearby’s Distribution as a Service (DaaS)…
As of July 12 in the current financial year, 7,444 new micro units were set up under the scheme with…
Fitday, which already has a presence in over 10,000 retail stores, is expected to use the investment to increase its…
The report Banking for a Viksit Bharat said there is an opportunity for lenders to use data including bank statements,…
Year-to-date funding in the Indian edtech sector stood at $215 million vis-a-vis $321 million secured by edtech startups in 2023.
Despite their importance, many MSMEs remain small-sized and unable to scale up effectively due to various challenges, with access to…
The total MSME loans originated or sanctioned in FY24 were 2.74 crore involving Rs 54.2 lakh crore, growing by 19.3…
As per ICRA’s estimates, the non-performing assets (NPAs) in NBFC-MFIs have increased by 30 bps in Q1 FY25.
Congratulating GeM, Commerce Minister Piyush Goyal said what makes the platform “truly special is the participation of our micro and…
The deputy governor noted that half of the $1.5 trillion debt-based demand comes from borrowers who prefer financing from informal…
With 26 fintech unicorns, India currently has the fourth highest count of fintech companies valued at $1 billion or above…
The government expects 12 industrial cities to act as catalysts for achieving $2 trillion in exports by 2030 and generate…
To boost the registration count and bring IMEs into the formal economic fold, the MSME Ministry had launched the Udyam…
The scheme, launched in June 2020 to provide credit up to Rs 50,000 to street vendors, has received 1.12 crore…
Under the public procurement policy of the government, these ministries have the highest procurement targets from MSEs for FY25.
PM Vishwakarma scheme — launched by Prime Minister Narendra Modi in September last year to support craftspeople working with their…
Central PSUs are mandated to purchase at least 25 per cent of their total procurement value from micro and small…
Priority credit to MSMEs in July was 14.9 per cent of India’s non-food credit of Rs 167 lakh crore during…
