Rising non-performing assets and increasing incidence of frauds, including the alleged misuse of loans, are casting a shadow over loans disbursed by the Micro Units
Category: MSME-Startup
SMEs to create jobs in India: Chris Zook, Bain’s global strategy co-head – The Economic Times–04.03.2018
In an interview to TOI on the sidelines of the Economic Times Global Business Summit, Zook backs the creation of Indian homegrown multinationals and says
PNB fraud fallout: Wary banks choke MSMEs’ credit lines – Business Line–02.03.2018
Some banks are demanding 110% margin from importers, says industry body Call it the PNB scam fallout. Micro, small and medium enterprises (MSMEs) are facing
MSME–Small Bet- Business Today–28.02.2018—–*****
Keeping the focus on job creation, the Budget has made several announcements to boost micro, small and medium enterprises or MSMEs. But unlike what most
Mr. Rajiv Kumar-Niti Aayog–] All Geared to boost farm income- Business Today–28.02.2018—–*****
This is perhaps the first budget which brings the farmer and rural India to the centre of economic policy and fiscal allocations. It lays the
Capitalworld launches new product to help MSMEs – The Economic Times–28.02.2018—–*****
CapitaWorld a digital platform that automates the entire loan value chain has rolled out the first version of a ‘Smart Loan -Disintermediation Ecosystem’, a fully
India to insist on delinking MSMEs from e-commerce at BRICS meet – Business Line–28.02.2018
With China pushing for greater cooperation in e-commerce amongst the BRICS group, New Delhi will stress on keeping issues of micro small and medium enterprises
National level vendor development programme begins in Siliguri today – The Economic Times–27.02.2018—–*****
With an objective to build a stronger bondage between MSME sector and entities like large scale enterprises, a national level Vendor Development Programme–cum-exhibition (NLVDP) has
Why each state of India needs an MSME university – The Financial Express–Mr. Charan Singh–27.02.2018—–*****
The government, in continuation of its earlier efforts, has initiated numerous measures to encourage MSMEs in this year’s Union Budget. The Union minister for MSME
MSME board meet to chalk out implementation of roadmap for reforms – Business Line–26.02.2018
The National Board for Micro, Small and Medium Enterprises (NBMSME) will meet here tomorrow to take stock of recent developments in the sector, and chalk
Over 50,000 SMEs on verge of closure due to plastic ban in Maharashtra Business -Standard News–25.02.2018
Plastics manufacturers in Maharashtra have urged the government to withdraw the blanket ban on plastics and implement the limit of 50 microns thickness limit instead,
Indians will get loans based on data, not collateral: Nandan Nilekani – The Financial Express–24.02.2018—–*****
India is moving in a direction where lenders will use data like GST based “business flows” or credit payment history, instead of collaterals, to provide
TReDS coverage must be expanded beyond top-rated corporate buyers: Crisil | Business Standard News–24.02.2018
The government has announced measures in the Union Budget for 2018-19 to strengthen the Trade Electronic Receivable Discounting System (TReDS) platform, which would enable micro,
GST blues for exporters – Business Line–24.02.2018
Refund delays, with respect to IGST and input tax, have hit small units More than eight months after the introduction of GST, exporters remain cash-strapped
Exim Bank, UNDP ink pact to extend financial support to MSMEs in N-E – Business Line–24.02.2018
Export-Import Bank of India (Exim Bank) on Friday said it has signed an agreement with the United Nations Development Programme (UNDP) for financing a project
Two years on, skill training yet to take off in many states | india news | Hindustan Times–17.02.2018
Halfway through an ambitious scheme by the federal government to train 6 million young people, some State governments, which were to train 1.5 million of
Centre, RBI have given a big leg-up to MSME sector, says PHDCCI chief – Business Line–17.02.2018
The Centre and the RBI’s recent policy initiatives to boost the MSME sector will go long way in expanding the contribution of manufacturing to overall
ITSL partners with Flexiloans, others to fulfil MSMEs short-term capital needs – The Economic Times–16.02.2018—–*****
India Transact Services Ltd. (ITSL), an omni-channel merchant digital payment solutions company and a Group company of AGS Transact Technologies Ltd., is strengthening its merchant
A de-stress call for MSME financing – The Financial Express–Tata Capital–14.02.2018
Data from various credit bureaus and the reported earnings of different companies reveal a prevalence of stressed loans to small businesses. Traditionally, lending to small
Government measures to ensure MSMEs become growth engine: DFS secretary – The Economic Times–12.02.2018
A slew of recent measures, including tax concessions in the budget, for micro, small and medium enterprises (MSMEs) has been taken with an aim to