lipped from: https://www.financialexpress.com/industry/sme/msme-fin-msme-loans-restructured-accounts-by-psbs-jump-58-in-nearly-two-years-of-covid/2383925/ Credit and Finance for MSMEs: The RBI in June this year had doubled the loan restructuring limit for MSMEs, others from Rs 25 crore
Category: MSME-Startup
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
Over 5 lakh retail, wholesale trade Udyam registrations in 5 months since inclusion under MSME – The Financial Express
lipped from: https://www.financialexpress.com/industry/sme/msme-eodb-over-5-lakh-retail-wholesale-trade-udyam-registrations-in-5-months-since-inclusion-under-msme/2382377/ Ease of Doing Business for MSMEs: The inclusion of retail trade and wholesale trade in the MSME category was essentially a restoration of
3 things to know before betting on SME stocks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/big-story/3-things-to-know-before-betting-on-sme-stocks/article37840398.ece SME stocks are seeing increased traffic right now. Here’s a reality check for investors wanting to hit the road And when it comes
We’re not here to make money, but the future: SoftBank CEO – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/were-not-here-to-make-money-but-the-future-softbank-ceo/article37827838.ece Masayoshi Son, SoftBank Group Corp Chairman and CEO – REUTERS Masayoshi Son, SoftBank Group Corp Chairman and CEO – REUTERS× Company funds nearly
Why MSME Samadhaan scheme is not working, and how to fix it – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/why-msme-samadhaan-scheme-is-not-working-and-how-to-fix-it/articleshow/88042809.cmsSynopsis Under the Samadhaan scheme, MSME facilitation councils in all states have been given the mandate to adjudicate these cases. These councils are manned
Microsoft launches Teams Essentials to help small businesses – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/microsoft-launches-teams-essentials-to-help-smes/articleshow/88030235.cmsSynopsis Teams Essentials will give small businesses a professional and affordable meetings solution to support collaboration and productivity in a hybrid work environment. NEW
Walmart announces MoU with MP government to train and support MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/walmart-announces-mou-with-mp-government-to-train-and-support-msmes/articleshow/88023077.cmsSynopsis Launched in 2019, Walmart Vriddhi aims to train 50,000 Indian MSMEs with the business skills necessary to succeed as suppliers to Walmart, sellers
Unlocking the potential of women entrepreneurs will take time | Deccan Herald
Clipped from: https://www.deccanherald.com/supplements/dh-education/unlocking-the-potential-of-women-entrepreneurs-will-take-time-1056083.htmlOften women-owned enterprises are seen as ‘hobbies’ and only taken seriously when the venture starts making some money. Istock image Waking up everyday to
Champions portal: MSME grievances resolved jump 2X in over 12 months – The Financial Express
lipped from: https://www.financialexpress.com/industry/sme/msme-eodb-champions-portal-msme-grievances-resolved-jump-2x-in-over-12-months/2379255/ Ease of Doing Business for MSMEs: Apart from registering their grievances, MSMEs can offer suggestions and ideas to the government, check government schemes
Nearly 25,000 MSMEs registered for PM Modi’s Zero Defect, Zero Effect scheme: MSME Min Narayan Rane – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-nearly-25000-msmes-registered-for-pm-modis-zero-defect-zero-effect-scheme-msme-min-narayan-rane/2379333/ Ease of Doing Business for MSMEs: According to the MSME Ministry, ZED-certified MSMEs will act as credible and reliable vendors for companies investing
The Account Aggregator framework can be SME’s UPI. Or is it too early to give credit? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/the-account-aggregator-framework-can-be-smes-upi-or-is-it-too-early-to-give-credit/articleshow/87994782.cms SynopsisThe RBI’s decision to have an Account Aggregator framework to narrow the credit gap in the MSME sector is praiseworthy. But banks have
cgcl: CGCL partners with State Bank of India for co-lending to MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/cgcl-partners-with-state-bank-of-india-for-co-lending-to-msmes/articleshow/87977648.cmsSynopsis The agreement aims to enhance last-mile finance and drive financial inclusion to MSMEs by offering secured loans between Rs 10 lakh to Rs
Govt to help restart MSMEs which shut down during pandemic: Rane | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/govt-to-help-restart-msmes-which-shut-down-during-pandemic-rane-121112601379_1.html The Centre is mulling providing help to the micro, small and medium enterprises which were closed during the COVID-19 pandemic and a high-level
Kinara Capital launches mobile app for MSME collateral-free loans – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/kinara-capital-launches-mobile-app-for-msme-collateral-free-loans/articleshow/87912199.cmsSynopsis With this app, SMEs can choose to complete the process in their own time. They can contact Kinara’s customer call center directly or
Building a business with your spouse or partner? Here’s a guide to make it a smooth sailing -tessol: The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/entrepreneurship/building-a-business-with-your-spouse-or-partner-heres-a-guide-to-make-it-a-smooth-sailing/articleshow/87883391.cmsSynopsis Entrepreneurship can be a lonely journey, but the ride can get easier if co-founders can support each other. As an entrepreneur, running a
Niti Aayog moots full-stack Digital Banks in India to bridge MSME credit gap; releases discussion paper – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-niti-aayog-moots-full-stack-digital-banks-in-india-to-bridge-msme-credit-gap-releases-discussion-paper/2375443/ Credit and Finance for MSMEs: While neo banks are also a potentially effective channel to achieve social goals like empowering the hitherto under-banked
How to bounce back after a business fails – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/how-to/how-to-bounce-back-after-a-business-fails/articleshow/87803989.cmsSynopsis Many small businesses close within a few years of opening For small-business owners, failure isn’t an option, it’s a reality. “One of the inside secrets
C Rangarajan, B Sambamurthy write: Tackling the problem of bad loans
Clipped from: https://indianexpress.com/article/opinion/columns/reserve-bank-bad-loans-india-national-asset-reconstruction-company-7634517/ C Rangarajan, B Sambamurthy write: Despite various attempts to create an efficient framework for resolving bad loans, poor ecosystem and legal delays frustrate
NPAs of NBFCs, HFCs may rise for 3-4 quarters due to tweak in norms – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/npas-of-nbfcs-hfcs-may-rise-for-3-4-quarters-due-to-tweak-in-norms/article37613501.ece RBI clarified that loan accounts classified as NPAs may be upgraded as ‘standard’ asset only if entire arrears are paid – BIJOY GHOSH
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