NEW DELHI: Aye Finance, backed by Capital G, has announced its plans to expand its presence further in the country by the end of the
Category: MSME-Startup
SBI to foray into microfinance, may offer loans at lower interest rates – The Economic Times
Kolkata: State Bank of IndiaNSE -3.29 % (SBI) has decided to enter the microfinance market that has shown immunity to economic downturn. The move by
MSME lending: Growth in bank credit bounces back after months of contraction in FY20 – The Financial Express
The scenario in terms of the year-over-year (YoY) credit growth has also improved. Credit and Finance for MSMEs: Gross bank credit growth to micro and
Indian missions abroad asked to source raw materials | Deccan Herald
“Indian Missions abroad have been asked to explore the possibility of sourcing raw materials in their respective countries for India’s production, which may have been
Narayani: U GRO Capital launches Narayani to encourage women entrepreneurs in India – The Economic Times
MUMBAI: On the occasion of International Women’s Day, U GRO Capital has launched an unsecured SME lending product, Narayani, exclusively for women entrepreneurs. Narayani offers
Women entrepreneurship: SME lender U GRO taps into women-owned small businesses; launches new scheme – The Financial Express
Credit and Finance for MSMEs: Sachin Bansal backed small business lending platform U GRO on Monday launched an unsecured SME lending product called Narayani for
Getting a loan? Your business should be attractive to finance – The Economic Times
By Rishi Mehra During my interactions with bankers, one thing that repeatedly finds a mention is that even if a bank wants to lend, small
4 million housewives dominate ‘emerging segment’ of Indian SMB ecosystem using digital medium: Report – The Economic Times
Mumbai: The digital India opportunity has seen the emergence of 4 million women homemakers as resellers in 2019, states an Endurance-Zinnov study undertaken to determine
Not easy for entrepreneurs to avail bank loans: Gadkari | Deccan Herald
Union MSME Minister Nitin Gadkari on Friday said it is not easy for entrepreneurs to avail bank loans, and there is a need to encourage
Indian importers from China facing coronavirus heat; to discuss problems with govt – The Hindu BusinessLine
Commerce Minister to meet industry, export councils today to discuss both challenges and opportunities Businesses that have been adversely affected by the deadly coronavirus, with
Delayed payments: Only these many MSMEs recovered their dues; majority cases pending with these buyers – The Financial Express
Credit and Finance for MSMEs: The MSME delayed payments monitoring portal — MSME Samadhaan governed by the Micro and Small Enterprise Facilitation Council (MSEFC) for
Rs 16,712 cr loan sanctioned to women under ‘Stand Up India’ scheme: Finance Ministry – The Economic Times
NEW DELHI: Women account for over 81 per cent of the total beneficiaries under the ‘Stand Up India‘ scheme with loans worth Rs 16,712 crore
Government may fall short of its skill development goal of training one crore youth – The Economic Times
Skills development ministry may fall short of its skilling target under flagship scheme Pradhan Mantri Kaushal Vikas Yojana with government having imparted training to 73.47
Govt eases access to funding for MSMEs with changes in one of its key schemes for small businesses – The Financial Express
Credit and Finance for MSMEs: According to the revision of guidelines for ‘Interest Subvention Scheme for Incremental Credit to MSMEs 2018’ by the government last year
Funding: SMEcorner raises $30 million in Series B funding – The Economic Times
MUMBAI: Fintech non-bank financier SMEcorner on Monday said it has raised USD 30 million (around Rs 210 crore) through a combination of equity and debt
Unlike China, Indian startups remain immune to economic slowdown as investment hit all-time high – The Financial Express
Sandeep Soni | India has 6,400 funded startups which are only 8 per cent of overall around 80,000 startups in the country. When it came
MSMEs grapple with stress even as govt grants more time for restructuring | Business Standard News
With Micro, Small and Medium Enterprises (MSMEs) grappling with the problem of delayed payments and slowdown in demand, the sector remains under major stress, even
MSME exports may go up as government plans this mega move to help small businesses sell more abroad – The Financial Express
The unified portal will also act as a bank of ideas and innovations carried out by MSMEs. Trade, Imports, Exports for MSMEs: MSMEs may soon
Govt asks banks to clear 1.18 lakh pending PMEGP loan applications by Mar 15 – The Economic Times
The government has asked banks to clear by March 15 about 1.18 lakh pending loan applications under the Prime Minister Employment Generation Programme (PMEGP), which
MSMEs: Govt plans to rank states on their efforts to promote MSMEs – The Economic Times
NEW DELHI: The government is working to rank states on the basis of their efforts to promote micro, small and medium enterprises (MSMEs), a senior
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