Clipped from: https://www.thehindubusinessline.com/money-and-banking/success-rate-for-discounting-msme-receivables-on-treds-improved-in-fy21-rbi/article38061450.ece TReDS is an electronic platform for facilitating the financing/discounting of trade receivables of MSMEs through banks and non-banking finance companies The success rate
Category: MSME-Startup
Banks’ asset quality ‘may get dented’ as special schemes end: RBI report | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/banks-asset-quality-may-get-dented-as-special-schemes-end-rbi-report-121122801157_1.html Credit growth muted as pandemic risk to economy remains, says central bank in annual analysis. Photo: Shutterstock The Indian financial system’s asset quality
Recast scheme to stay afloat, says RBI Trend & Progress report | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/recast-scheme-to-stay-afloat-says-rbi-trend-progress-report-121122900048_1.html The restructured plan included additional time for repayments, more funding support, and conversion of part of working capital into term credit. Representative image
Algo rhythm: Small and medium-sized businesses path to cloud | Business Standard News
Clipped from: https://www.business-standard.com/article/technology/algo-rhythm-small-and-medium-sized-businesses-path-to-cloud-121122700009_1.html 83% of enterprise businesses say cloud solutions have helped their business recover from Covid-19 54% of traditional SMBs believe cloud solutions have aided
₹1.16-lakh crore MSME advances restructured since 2019 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/116-lakh-crore-msme-advances-restructured-since-2019/article38058087.ece Scheduled Commercial Banks (SCBs) have restructured micro, small and medium enterprise (MSME) advances aggregating to ₹1,16,332 crore since January 1, 2019. The total
‘Amazon Web Services helped start-ups optimise cloud costs by 30% during the pandemic’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/amazon-web-services-helped-start-ups-optimise-cloud-costs-by-30-during-the-pandemic/article38049184.ece Kumara Raghavan, India Head – Startup Sales Segment, AWS, Amazon Internet Services Kumara Raghavan, India Head – Startup Sales Segment, AWS, Amazon Internet
How MSMEs can improve their credit risk scores – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-fin-how-msmes-can-improve-their-credit-risk-scores/2390163/ Credit and Finance for MSMEs: SME credit risk assessment models typically rely on the 3 Cs approach—capital, character, and capacity. Ensure that key
Enabling SME financing: The three pronged market-led solutions that can make a difference – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/money/enabling-sme-financing-the-three-pronged-market-led-solutions-that-can-make-a-difference/articleshow/88466542.cmsSynopsis As per an IFC report, SMEs take up a miniscule 6-7% credit share and face a credit gap of close to $1.1 trillion.
India must nurture entrepreneurship in smaller cities: Piyush Goyal | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/india-must-nurture-entrepreneurship-in-smaller-cities-piyush-goyal-121122401117_1.html Around 45 per cent Indian start-ups are from tier 2 and 3 cities and 623 districts have at least one recognised start-up. Commerce
Small units to lose businesses as govt tightens input tax credit rules – The Financial Express
Clipped from: https://www.financialexpress.com/economy/small-units-to-lose-businesses-as-govt-tightens-input-tax-credit-rules/2387570/ By doing away with the provisional ITC, the authorities have also made it difficult for small businesses to get supply orders from Corporate
Govt’s credit guarantee scheme crosses Rs 3 lakh cr mark in loans sanctioned to MSMEs – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-eclgs-msme-credit-guarantee-scheme-crosses-rs-3-lakh-cr-mark-in-loans-sanctioned/2387813/ Credit and Finance for MSMEs: The guarantee coverage by NCGTC is provided to member lending institutions with respect to the credit given by
Recovery chances look slim for Rs 20,000 crore of micro loans – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/recovery-chances-look-slim-for-rs-20000-crore-of-micro-loans/articleshow/88415574.cmsSynopsis Microfinance lenders including banks and small finance banks may find it difficult to recover about Rs 20,000 crore worth of loans, which will
Reform package recommended for MSME’s in India – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/reform-package-recommended-for-msmes-in-india/article37995572.ece It is based on a comprehensive review of India’s MSME policy and programs and their implementation during the period 1997-2022 Institute of Small
Why it makes business sense to invest in women-led startups – BusinessToday
Clipped from: https://www.businesstoday.in/latest/corporate/story/why-it-makes-business-sense-to-invest-in-women-led-startups-315241-2021-12-11 Investors are realising the potential of investing in women-led start-ups for various reasons, including their operational efficiency and the large market opportunity which
After chemists’ body, traders’ body CAIT urges SEBI to reject PharmEasy’s IPO request – BusinessToday
Clipped from: https://www.businesstoday.in/markets/ipo-corner/story/after-chemists-body-traders-body-cait-urges-sebi-to-reject-pharmeasys-ipo-request-315224-2021-12-11 Confederation of All India Traders (CAIT) has reasoned that the sale of medicines over the internet is not allowed according to an order
MSMEs supported under NSIC’s raw material procurement scheme decline: Govt data – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-msmes-supported-under-nsics-raw-material-procurement-scheme-decline-govt-data/2383573/ Ease of Doing Business for MSMEs: The limit for a single unit engaged in manufacturing is up to Rs 10 crore and Rs
MSME credit: 5 key reasons why NBFCs charge higher interest rates – The Financial Express
lipped from: https://www.financialexpress.com/industry/sme/msme-eodb-cci-order-concludes-amazon-continuously-attempted-to-dodge-laws-in-india-cait/2383625/ Ease of Doing Business for MSMEs: CCI had said that Amazon “suppressed the actual scope and purpose” of the deal. The commission had also imposed
Why e-invoicing system has been a roller coaster ride for MSMEs so far – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-why-e-invoicing-system-has-been-a-roller-coaster-ride-for-msmes-so-far/2382412/ Ease of Doing Business for MSMEs: Many medium and small enterprises lack storage arrangements. You can be affected by the lack of storage
MSMEs in paper packaging see revenue jump this fiscal with demand recovery – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-paper-packaging-units-see-revenue-jump-in-fy22-amid-demand-recovery/2380513/ Ease of Doing Business for MSMEs: The key driver for demand has been the growth in sectors including e-commerce, pharmaceuticals, ready-to-eat, and others
Why revamping institutional infrastructure at district level is imperative for MSMEs’ growth – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-why-revamping-institutional-infrastructure-at-district-level-is-imperative-for-msmes-growth/2387097/ Ease of Doing Business for MSMEs: The overall objective of revamping district-level administration for MSMEs should be new venture creation, the gradual growth of existing
