The Union Bank has surplus funds at the moment. It is looking for lendable opportunities, especially for MSMEs. Access to formal sources of credit has
Category: MSME-Startup
Club Factory: Club Factory sees surge in monthly active users in India – The Economic Times
NEW DELHI: E-commerce platform Club Factory has surpassed 100 million monthly active users (MAUs) in India following a strong surge in user adoption across the country. Club
MSMEs: Budget may give Rs 500 cr each for two MSME funds – The Economic Times
NEW DELHI: The government is expected to provide around Rs 500 crore each for two funds for micro, small and medium enterprises (MSMEs). While a
Small Enterprises: Medium scale companies may be given credit risk cover – The Economic Times
Under the guarantee scheme, the trust provides a cover of up to 85% of the credit facility to micro enterprises for credit up to Rs
Pradhan Mantri Mudra Yojana: PSBs are committed to Mudra scheme as a social obligation: UBI’s Sanjay Narayan – The Economic Times
“NPAs in Mudra are very small and that too is distributed among a large chunk of the masses. So, for us, Mudra financing is more
Essel Finance: Adani Capital acquires Essel Finance’s MSME loan business – The Economic Times
MUMBAI: Adani Capital Pvt. Ltd, the NBFC arm of the Adani Group, focused on lending to small & micro entrepreneurs, has acquired Essel Finance’s MSME loan business. The business has a secured loan book
SMEs in 2020: B2B payments, data privacy among 5 issues to stay in focus–Business Today
By using digital platforms, SMEs put themselves in a better position to access credit and manage their cash flows Several B2B payments and lending companies,
Apprentices Act: ETRise Top MSMEs Ranking: Adoption of apprentices model can be way forward in MSME skilling, say experts – The Economic Times
Drawing attention to the Apprentices Act, 1961 which was institutionalised to impart practical training to technically qualified people in varied trades, Amit Vadera, Regional Head,
Government should pay ‘administration’ fee to small businesses to offset increasing compliance costs – The Financial Express
By Gunjan Mishra GST and Taxation for MSMEs: GST is an integral part of the government’s plan to secure India’s economic future. Two years on, the
etrise top msmes ranking: ETRise Top MSMEs Ranking: Inaccurate that MSMEs don’t get finance easily, says banking official – The Economic Times
As per a report, since the launch of the scheme, more than 50,706 proposals have received in-principle approvals and 27,893 proposals got sanctioned as on
Bad loans provisioning must not be based on trite formula: Sunil Kanoria | Business Standard News
Sunil Kanoria From liquidity crisis in the NBFC sector to slowdown in the economy, in the last one year Srei Infrastructure weathered many crisis situations. Sunil Kanoria, vice-chairman
Year in Review: MSME sector poised for mega transformation in 2020 | Business Standard News
India’s MSME sector is poised for a mega transformation in 2020, with the launch of an Alibaba-like e-marketplace, trendy yet affordable khadi products to appeal to the
Amazon not doing favour to India by investing a billion dollars: Piyush Goyal–Deccan Chronicle
New Delhi: A day after Jeff Bezos announced plans to invest USD 1 billion more in India, Union commerce minister Piyush Goyal said Amazon was
Easing MSMEs’ funding bottlenecks our priority: UBI’s Girish Joshi – The Economic Times Video | ET Now
Union Bank of India (UBI) is a technology-enabled institution that puts a strong focus on easing the funding bottlenecks of the country’s MSMEs, says Girish
MSME sector: Current NPA norms are absurd, highly counterproductive: Animesh Saxena, FISME President – The Economic Times
Exporters find it very difficult to enter into forward contracts due to prevailing uncertainty over the fate of MEIS scheme. Employing 40% of country’s workforce,
budget 2019: Revival scheme for stressed MSMEs, need of the hour: FISME’s Anil Bhardwaj – The Economic Times
Budget 2019: What can FM Jaitley do for MSME Sector India’s SME sector is a key driver behind its economic growth story. Employing 40% of
MSME: Here’s what MSMEs expect from Modi 2.0–Economic Times
Lauding the economic reform agenda initiated by the Prime Minister Narendra Modi-led NDA Government during its first term, stakeholders from the MSME sector have come
SME: Nothing in it for SMEs: Why the interim Budget is a missed opportunity–Economic Times
Income tax bonanza to revive demand for MSMEs: FISME’s Anil Bhardwaj For a sector that has been hammered by demonetisation and the chaotic implementation of
Breather for MSME sector – NEWS – The Hindu BusinessLine
GST refund dues will be paid within 30 days Micro, Small and Medium Enterprises (MSMEs) have got some relief with Finance Minister Nrimala Sitharaman announcing
What we need is fewer schemes with adequate funding: FISME – NEWS – The Hindu BusinessLine
MSMEs do need government schemes to help them overcome their problems, but not too many, says Anil Bhardwaj, Secretary General, Federation of Indian Micro, Small
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