Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-nsics-credit-assistance-to-msmes-for-raw-material-procurement-jumps-10-to-over-rs-65-crore-in-fy21/2298603/ Credit and Finance for MSMEs: Karnataka led the state-wise assistance under the RMA scheme in FY21 with Rs 26.81 crore provided to SC/ST
Category: MSME-Startup
HDFC Bank launches up to Rs 10 lakh overdraft facility for shopkeepers, merchants to ease cash crunch – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-hdfc-bank-launches-up-to-rs-10-lakh-overdraft-facility-for-shopkeepers-merchants-to-ease-cash-crunch/2298139/ Credit and Finance for MSMEs: HDFC Bank will approve an overdraft limit from a minimum of Rs 50,000 to a maximum of Rs
Covid 2nd wave to have more lasting damage on Indian economy, exports key for recovery: Moody’s Analytics – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/covid-2nd-wave-to-have-more-lasting-damage-on-indian-economy-exports-key-for-recovery-moodys-analytics/articleshow/84761874.cmsSynopsis In its report titled ‘APAC Economic Outlook: The Delta Roadblock’, it said that social distancing is weighing on the current quarter but economic
What to do if you have defaulted on a home loan – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/borrow/what-to-do-if-you-have-defaulted-on-a-home-loan/articleshow/84704041.cmsSynopsis In case the bank decides to name the borrowers as defaulters, it will then send a full and final 60 days’ notice under
Revitalizing MSME financing: COVID and beyond – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/money/revitalizing-msme-financing-covid-and-beyond/articleshow/84700269.cmsSynopsis Although the pandemic has affected firms of all sizes, but SMEs have been more vulnerable. Access to finance is a key constraint to
The new moneylenders! Not just banks, look who is into lending money online now – The Financial Express
Clipped from: https://www.financialexpress.com/money/the-new-moneylenders-not-just-banks-look-who-is-into-lending-money-online-now/2297761/ The new moneylenders are smart. They are millennials, not banks, armed not with complex rule books but gadgets – smartphones or computers –
Top things you should know before co-applying for a home loan – The Financial Express
Clipped from: https://www.financialexpress.com/money/top-things-you-should-know-before-co-applying-for-a-home-loan/2297717/ It is important to understand whether one should apply for a home loan with a co-applicant or as the sole applicant. Co-applicants can
Mortgage Loan: Default risk and pre-payment speed – The Financial Express
Clipped from: https://www.financialexpress.com/money/your-money-mortgage-loan-default-risk-and-pre-payment-speed/2296635/ The most uncertain part of a mortgage loan is the rate of pre-payment The most uncertain part of a mortgage loan is the
Banker’s Trust: Tamal Bandyopadhyay on the facts and fiction of Mudra loans | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/facts-and-fiction-of-mudra-loans-121072500861_1.html Do we need yet another refinance agency? No one will shed a tear if Mudra is given a decent burial Bharatiya Mahila Bank
E-commerce sellers’ lobby ISC urges Narayana Murthy to end partnership with Amazon for Cloudtail India – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-e-commerce-sellers-lobby-isc-urges-narayana-murthy-to-end-partnership-with-amazon-for-cloudtail-india/2293408/ Ease of Doing Business for MSMEs: Cloudtail is a joint venture of Narayana Murthy’s family office Catamaran Ventures and Amazon India. “Just for
Revitalizing MSME financing: COVID and beyond – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/money/revitalizing-msme-financing-covid-and-beyond/articleshow/84700269.cmsSynopsis Although the pandemic has affected firms of all sizes, but SMEs have been more vulnerable. Access to finance is a key constraint to
E-commerce deserves a better deal – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/e-commerce-deserves-a-better-deal/article35473357.ece?homepage=true The proposed rules will impose an onerous burden, stifle this nascent sector, hit MSMEs hard and impact consumers The stated goal of the
Small Business, Big Stress – BusinessToday
Clipped from: https://www.businesstoday.in/magazine/industry/story/small-business-big-stress-301992-2021-07-22 Government relief measures for MSMEs have benefited only a few players. A large number may be unable to survive the pandemic The last
Restructured MSME loan accounts worth over Rs 55k crore by PSBs double in 18 months – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-restructured-msme-loan-accounts-worth-over-rs-55k-crore-by-psbs-double-in-18-months/2295763/ Credit and Finance for MSMEs: To provide resolution to the Covid-19 related stress of MSMEs, the RBI had extended the facility for restructuring existing
Govt includes retail and wholesale trade under MSME category – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/msme/govt-includes-retail-and-wholesale-trade-under-msme-category/article35465489.ece?homepage=true Narayan Rane, former CM, Maharashtra Narayan Rane, former CM, Maharashtra× Narayan Rane, Minister for MSME, has in a written reply informed in the
Microfinance 2.0: To make microfinance regulation better – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/microfinance-2-0-to-make-microfinance-regulation-better/2295124/ From a larger role for self-Regulatory organisations to a revision of the household-income ceiling, there are a host of measures that can help
India’s jobs and skills conundrum – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/r-srinivasan/indias-jobs-and-skills-conundrum/article35450996.ece Worrying signs There is an alarming gap between jobs and skills – Bijoy Ghosh Worrying signs There is an alarming gap between jobs
Ease vs cost of doing business in India | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/ease-vs-cost-of-doing-business-in-india-121072200013_1.html Business index rankings have become a substitute for addressing the fundamental constraints faced by entrepreneurs India improved its global rank in the World
These ministries get maximum delayed payment complaints by MSMEs; amount involved crosses Rs 350 crore – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-these-ministries-get-maximum-delayed-payment-complaints-by-msmes-amount-involved-crosses-rs-350-crore/2295000/ Credit and Finance for MSMEs: MSEFCs are essentially dispute settlement units established by state governments in their respective geographies to address delayed payments
U GRO Capital launches Pratham, a MSME co-lending program with Bank of Baroda – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/u-gro-capital-launches-pratham-a-msme-co-lending-program-with-bank-of-baroda/articleshow/84605750.cmsSynopsis A wide range of MSMEs including the recently added wholesale & retail traders under priority sector can avail credit via this program. U GRO
