Union MSME Minister Nitin Gadkari on Thursday expressed serious concern over non-payment of nearly Rs six lakh crore dues to micro and small industries by
Category: MSME-Startup
Coronavirus impact on SMEs: India’s small businesses were struggling. Coronavirus may be their death knell – The Economic Times Video | ET Now
The coronavirus outbreak is making small businesses across sectors struggle to make ends meet. With GST compliance issues, slow domestic demand and demonetisation already playing
Banks to seek RBI forbearance on loans to MSME, affordable housing – The Hindu BusinessLine
Repayment delay on the part of borrowers should not be classified default up to a point in time Banks plan to move the Reserve Bank
khatabook: MS Dhoni invests in fintech startup Khatabook – The Economic Times
NEW DELHI: Khatabook announced a strategic partnership with Mahendra Singh Dhoni, who will invest in the company and become its brand ambassador. The firm has
Nitin gadkari: 6 lakh MSMEs restructured, coronavirus offers opportunity to Indian industries: Gadkari – The Economic Times
New Delhi: The government on Monday said in Rajya Sabha that six lakh industries under MSME have been restructured and urged the sector to look
Coronavirus: Tamil Nadu industry experts, trade bodies flag worry over impact on small businesses – The Financial Express
Covid-19 is leading to various issues in the industry including shrinkage of exports, cessation of production, non-availability of manpower, uncertainty of consumption, among others. The
Show me the money: The challenge of raising venture capital – The Economic Times
By Manish Johari Among the challenging things a founder has to do is raise venture capital. The level of challenge of course varies. Many of
Lakshmi Vilas Bank bets on gold biz, MSMEs for business revival – The Economic Times
KOLKATA: Lakshmi Vilas BankNSE 4.90 % (LVB) has adopted a strategy to conserve whatever capital it has ahead of the fiscal-year end, even as the
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
Economic uncertainty rises – The Hindu
Supply shocks from China have caused a fall in production and decline in demand, leading to fears of recession Stock markets globally have declined since
Aye Finance: MSME lender Aye Finance announces expansion plans for FY 21 – The Economic Times
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
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