Gurgaon based digital lending startup Aye Finance claims to have disbursed 60,000 loans since its inception in 2014 to micro small and medium enterprises giving out a total of
Category: MSME-Startup
State-owned banks, reinvent yourself–Economic Times–29.05.2018
Banking frauds have reportedly cost nationalised banks as much as Rs. 25,775 crore, in the last fiscal alone. It is also a fact that public
Bad loans: Are we celebrating the outliers? | Business Standard Column–29.05.2018
To the loud, self-congratulatory tweets of policymakers and politicians, supported by the media (which is quick to declare a few data points as a major
CRISIL SME Tracker: Working capital gap widening for MSMEs | Business Standard News–29.05.2018
CRISIL’s analysis of nearly 1,700 MSMEs (annual turnover up to Rs 2.5 billion) shows that their working capital gap — or the difference between current assets and current liabilities (excluding short-term bank borrowings)
score: 9 tips on how to maintain a good credit score – The Economic Times–27.05.2018
Every missed payment against your debt will create a negative impact on your credit score and hence debt management should be your first priority. By
income tax return: All 7 ITR forms released for e-filing – The Economic Times–27.05.2018
The Income Tax Department today launched and activated all the seven ITR forms for e-filing by taxpayers, after more than a month of them being notified. The Central Board
Insolvency and Bankruptcy Code: IBC not being used to full extent; CoCs need to do more: M S Sahoo – The Economic Times–26.05.2018-R
Objective of the bankruptcy law is to resolve an insolvency and revive an asset for collective good and not to maximise value for a chosen
IBC not being used to full extent; lenders need to do more: IBBI chief | Business Standard News–26.05.2018-R
The objective of the bankruptcy law is to resolve an insolvency and revive an asset for the collective good and not to maximise value for a chosen few, Insolvency and Bankruptcy Board of India chairman M
Corporate debtors must get shareholders’ approval to initiate insolvency process – Business Line–26.05.2018
Shareholders’ approval through a special resolution is a must for a ‘corporate debtor’ to apply for initiation of insolvency process. Simply put, a company (corporate
Bankruptcy Act in india developer narendra modi government | बुडण्यानंतरचे तरंगणे | Loksatta–25.05.2018
सर्वसामान्य घरखरेदीदार तसेच लघू व मध्यम उद्योजकांच्या गुंतवणूक सुरक्षेबाबत केंद्र सरकारने अलीकडेच घेतलेला निर्णय स्वागतार्ह ठरतो. नियमांच्या अधीन राहून संपत्तीनिर्मिती सहजपणाने करता येणे जसे आवश्यक
Welcome changes in resolution rules–Economic Times–25.05.2018
An ordinance to amend the Insolvency and Bankruptcy Code to treat home buyers as financial creditors and ease curbs on promoters of micro, small and
insolvency: MSME promoters get insolvency relief, can bid for resolution if turnover is up to Rs 250 crore – The Economic Times–25.05.2018
The government on Wednesday proposed to ease curbs on promoters of micro, small and medium enterprises (MSMEs) from bidding during the insolvency process to take over a
IBC Act: Why Sunil Kanoria of Srei Infra feels interpretation is killing it – The Economic Times–24.05.2018
If you look at Srei, we have two key businesses. One, equipment financing and two, infrastructure financing. We have faced a major challenge in the
Zoho: Zoho Finance Plus’ sees good adoption from SMEs, to set up data centers in India–24.05.2018
Edelweiss has a run rate of 35-40% growth. Do you think that kind of a run rate is here to stay for next three, four,
Easing the load: Cabinet clears ordinance for changes to the bankruptcy code – The Financial Express–24.05.2018
The Union Cabinet on Wednesday approved an ordinance amending the Insolvency and Bankruptcy Code (IBC). This follows suggestions made by a 14-member Insolvency Law Committee,
Pradhan Mantri Mudra Yojana: Finance ministry ties up with e-commerce firms to give loans – The Financial Express–24.05.2018
The finance ministry has joined hands with over two dozen e-commerce firms, including major players like Amazon, Flipkart, Ola and Uber, to provide easy finance to small
SME and retail credit should grow at 18-20% per annum for next 10-15 years: Rashesh Shah – The Economic Times–23.05.2018
Edelweiss has a run rate of 35-40% growth. Do you think that kind of a run rate is here to stay for next three, four,
SME Growth: What’s in a classificati? Everything if you are an MSME–18.05.2018
V Sriram The recent move (February 7, 2018) of the Union Cabinet to change classification norms for MSMEs from ‘investment in plant and machinery/equipment’ to ‘annual turnover’ is a
MSMEs: Centre to double credit guarantee to MSMEs – The Economic Times–12.05.2018
In a bid to tackle trade finance woes of micro, small and medium enterprises (MSMEs), the Union Government announced that it would double the credit
Bullying of SMEs by large players must stop – Business Line–09.05.2018—–*****
Large customers call the shots when it comes to making payments to small units; the govt can help end this practice Every conference, seminar and
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