Indian Small Finance Banks To Grow Their Advances 25-27 Per Cent This fiscal: Report
Amid challenges in mobilising deposits and their higher cost, SFBs (small finance banks) are likely to explore alternative, non-deposit avenues to fund credit growth.
Aug 26, 2024, 14:45 PM ISTEconomic Survey 2024: India's Financial Sector Outlook Appears Bright, But Needs To Brace For Vulnerabilities
As India embarks on the vision to become a developed country by 2047, financial intermediation costs must decline globally; the Survey prepared by Chief Economic Adviser V Anantha Nageswaran and his team said.
Jul 22, 2024, 14:03 PM ISTSafeguarding India's Digital Frontier: Unveiling Ransomware Challenges And Cybersecurity Strategies
With each passing day, hackers are advancing their techniques in tandem with technology. It raises the question of whether there's a standard module or if hackers employ diverse techniques to target businesses.
Jan 11, 2024, 06:38 AM ISTCentre Launches Funding Scheme For Startups, MSMEs
The decision can enable them to graduate to a level where they will be able to raise investments or they will reach a position to seek loans from commercial banks/financial institutions.
Nov 15, 2023, 14:01 PM ISTAmazon India Enables Exports Worth Over Rs 66,000 Crore, Digitises 62 Lakh MSMEs
In the last year, the company said it has helped create about 1.4 lakh direct and indirect jobs across industries.
Aug 10, 2023, 19:20 PM ISTAmid Massive Global Layoffs, Indian MSMEs Key Employment Generator In The Country
Experts suggest that micro-entrepreneurship may be one of the main catalysts behind such jobs remaining steady and, as a matter of fact, growing.
Apr 12, 2023, 15:38 PM IST‘Never, Ever Bet Against India’: Anand Mahindra Gives Strong Reply to Global Media Speculating India's Flounder due to Current Challenges
Anand Mahindra has full belief over India's capabilites to face the current challenges and to be a global economic force.
Feb 05, 2023, 11:22 AM ISTA ration shop for raw materials: MSME Association Budget 2023 wish
One of the budget wish lists of AIE is the abolition of capital gains tax enabling the micro-entrepreneurs to sell their property to regularise their loan accounts, settle their suppliers, and reinvest in the business.
Nov 28, 2022, 12:31 PM IST5G Launch in India: PM Modi's gamechanging idea from India Mobile Congress 2022
While it was the 5G or fifth-generation high-speed internet that stole the limelight at the show, a game-changing idea by PM Modi went either unnoticed or attracted less attention.
Oct 02, 2022, 15:43 PM ISTEcommerce marketplace Solv wants to raise its BNPL loan offerings, snaps $40 million
It currently claims to be present in over 200 cities and to serve over 19,000 zip codes. Furthermore, it now has over 220,000 KYC-verified MSME members on its platform.
Jun 28, 2022, 19:55 PM ISTGood news for entrepreneurs! Railways will now invest in startups to promote innovations
The Indian Railway Innovation Policy will identify and enable Indian innovators to engage with the railways for developing cost-effective, implementable, scalable solutions and functional prototypes for the national transporter.
Apr 22, 2022, 18:01 PM ISTKVIC creates a new record under PMEGP; enables more than 1 lakh new micro units in FY22
The new units were established with a total capital of about Rs 12,000 crore, of which the Khadi & Village Industries Commission (KVIC) disbursed Rs 2,978 crore in margin money subsidies, the largest since 2008.
Apr 19, 2022, 17:41 PM ISTUP becomes the first state to provide maximum investment and employment under PMEGP
Uttar Pradesh has become the first state to provide maximum investment and employment under the Prime Minister's Employment Generation Program (PMEGP) in the country.
Apr 07, 2022, 10:44 AM ISTeBay signs MoU with Madhya Pradesh Industrial Development Corporation to digitise MSMEs
The MoU was signed in the presence of Rajvardhan Singh Dattigaon, Madhya Pradesh's Minister of Industry Policy and Investment Promotion.
Mar 28, 2022, 18:20 PM ISTNon-food credit grows 9.3% in December: RBI data
Growth in loans to industry improved noticeably to 7.6 per cent in December 2021 from 0.4 per cent.
Jan 31, 2022, 21:10 PM ISTBSE, All India MSME Association join hand to promote listing of MSMEs, startups
BSE has partnered with the All India MSME Association (AIMA MSME) to encourage and promote the listing of MSMEs and startups.
Nov 11, 2021, 23:23 PM ISTNirmala Sitharaman launches Ubharte Sitaare Fund; says Modi govt has created supportive ecosystem for MSMEs
Uttar Pradesh has the highest number of MSMEs and has effectively implemented the One District One Product programme, which provides the ideal ecosystem for success of an initiative like the Ubharte Sitaare Fund.
Aug 21, 2021, 22:30 PM ISTStart Sanitary Napkin business at just Rs 15,000 and earn upto Rs 1 lakh; govt will help you with funds
Under the Pradhan Mantri Mudra Yojana (PMMY), MUDRA has created products/ schemes named --Shishu, Kishore and Tarun. Shishu covers loans upto Rs 50,000, Kishor covers loans above Rs 50,000 and upto 5 lakh while Tarun covers loans above 5 lakh and upto 10 lakh.
Jun 08, 2021, 16:13 PM ISTRBI introduces Rs 15,000 crore liquidity window for contact-intensive sectors; loans of up to Rs 50 crore for MSMEs can be restructured
By way of an incentive, banks will be permitted to park their surplus liquidity up to the size of loan book created under this scheme with the RBI under reverse repo window at a rate which is 25 basis points lower than repo rate.
Jun 04, 2021, 20:31 PM ISTMudra loan: Have any grievances? Know where and how to register your complaints
Under Mudra loan, banks and Micro Finance Institutions extend loans in three categories.
Jan 11, 2021, 18:50 PM IST