https://www.business-standard.com/economy/news/fitch-warns-rapid-growth-in-unsecured-retail-credit-needs-management-123081600580_1.html Global rating agency Fitch on Wednesday warned that rapid loan growth, especially in unsecured retail credit, needs careful management to avoid a spike in
Category: MSME-Startup
Unlocking operational efficiency of MSMEs: The power of increased credit access
https://www.financialexpress.com/industry/sme/unlocking-operational-efficiency-of-msmes-the-power-of-increased-credit-access/3207689/ By Jayanth Murthy Credit access to MSMEs: In today’s rapidly evolving business landscape, micro, small, and medium-sized enterprises (MSMEs) face numerous challenges that hinder their
Will push for dispute resolution via Mediation centres to reduce MSME litigation cost
Litigation challenge for MSMEs: The Mediation Bill passed by Lok Sabha and Rajya Sabha during the monsoon session of the Parliament will reduce the cost of
Centre directs banks to work in tandem on loans scheme for street vendors
https://www.business-standard.com/india-news/centre-directs-banks-to-work-in-tandem-on-loans-scheme-for-street-vendors-123081200564_1.html Union MoS for Finance Bhagwat K Karad on Saturday asked banks and civic bodies to work in collaboration with each other to achieve the
7 steps taken by govt to prevent delay in payments, highlights MoS MSME Ministry
https://www.financialexpress.com/industry/sme/msme-dues-7-steps-taken-by-govt-to-prevent-delay-in-payments-highlights-mos-msme-ministry/3207521/ MSME delayed payments: Late clearance of payments to MSMEs by their government buyers including central ministries, departments, public sector units, and others against goods and
How successful is govt’s MSME grievance redressal portal Champions?
https://www.financialexpress.com/industry/sme/how-successful-is-govts-msme-grievance-redressal-portal-champions-check-details/3207558/ The MSME ministry’s single-window grievance redressal portal Champions launched for MSMEs in June 2020 received 68,617 grievances from MSMEs till July 31, of which
Mediation Bill to reduce cost and supply chain disruptions for MSMEs: Minister of Law & Justice
https://www.thehindubusinessline.com/news/mediation-bill-to-reduce-cost-and-supply-chain-disruptions-for-msmes-minister-of-law-justice/article67183826.ece Addressing the seminar on Reducing the Cost of Litigation for MSMEs organised by the Federation of Indian Micro and Small & Medium Enterprises on Thursday,
Banks cautious on lending to small businesses despite high demand, lower NPAs:
https://www.financialexpress.com/industry/sme/banks-cautious-on-lending-to-small-businesses-despite-high-demand-lower-npas-report/3207726/ Demand for loans from MSMEs grew 33 per cent in the January-March period of the previous fiscal (Q4, FY23) compared to the year-ago period,
Only 6 cases admitted under pre-pack insolvency resolution process for MSMEs since 2021
https://www.financialexpress.com/industry/sme/only-6-cases-admitted-under-pre-pack-insolvency-resolution-process-for-msmes-since-2021/3202707/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/fe_app
MSME Minister Narayan Rane says no study undertaken to evaluate MSME credit gap post Covid
https://www.financialexpress.com/industry/sme/msme-minister-narayan-rane-says-no-study-undertaken-to-evaluate-msme-credit-gap-post-covid/3194963/ redit gap in the MSME sector: MSME Minister Narayan Rane on Monday informed Parliament that the government has not undertaken any specific study to evaluate
Women MSMEs: This statistic shows share of women entrepreneurs in India’s MSME sector
One District One Product: 137 unique products from 713 districts notified
https://www.financialexpress.com/industry/sme/137-unique-products-from-713-districts-selected-for-one-district-one-product-mos-prahlad-patel/3187417/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/fe_app
Cashflo launches AI-backed Accounts Payable Automation and Payments suite for businesses
https://www.financialexpress.com/industry/sme/cashflo-launches-ai-backed-accounts-payable-automation-and-payments-suite-for-businesses/3188030/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/fe_app
ECLGS: 5.4% of MSME loans turn NPA; govt says it is reasonable
https://www.financialexpress.com/industry/sme/eclgs-5-4-of-msme-loans-turn-npa-govt-says-it-is-reasonable/3188095/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/fe_app
1.83 lakh beneficiaries trained under skilling scheme Samarth by Textiles Ministry: MoS Textiles Darshana Jardosh
https://www.financialexpress.com/industry/sme/1-83-lakh-beneficiaries-trained-under-skilling-scheme-samarth-by-textiles-ministry-mos-textiles-darshana-jardosh/3188360/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/fe_app
Power minister RK Singh to MSMEs: Shift consumption to solar hours to benefit from 20% lower power cost
https://www.financialexpress.com/industry/sme/power-minister-rk-singh-to-msmes-shift-consumption-to-solar-hours-to-benefit-from-20-lower-power-cost/3190780/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/fe_app
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