Clipped from: https://www.thehindubusinessline.com/money-and-banking/true-balance-raises-10-million-in-debt-funding-for-its-nbfc-true-credits/article34132357.ece Fintech app True Balance on Monday announced that it has raised $10 million in debt funding from a group of investors. The debt
Category: MSME-Startup
MSME funding: How FinTechs can help address credit gap for small businesses–business today
Clipped from: https://www.businesstoday.in/opinion/columns/msme-funding-how-fintechs-can-help-address-credit-gap-for-small-businesses/story/432894.html A symbiotic relationship between banks and digital NBFCs can lead the way towards a win-win situation for all The introduction of the Co-Lending
Supreme Court chooses right–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/supreme-court-chooses-right/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The Supreme Court’s refusal either to extend RBI’s
Policybazaar to team up with Paytm, Ola and IndusInd Bank for NUE bid – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/startups/policybazaar-to-team-up-with-paytm-ola-and-indusind-bank-for-nue-bid/articleshow/81657479.cmsSynopsis PolicyBazaar and others have set up an entity called Foster Payment Network which will front the NUE bid under Reserve Bank of India’s
SC seeks government response on plea to plug loopholes in GST system – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/politics-and-nation/sc-seeks-govt-response-on-plea-to-plug-loopholes-in-gst-system/articleshow/81560493.cmsSynopsis The petition was argued by senior advocate Sonia Mathur in the top court on Wednesday. A three-judge bench led by CJI SA Bobde
How Amazon is fighting door to door to beat Mukesh Ambani – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/how-amazon-is-fighting-door-to-door-to-beat-mukesh-ambani/articleshow/81626064.cmsSynopsis Amazon is approaching zero hour in India. The SC will soon decide on its bid to scuttle the $3.4 billion sale of debt-laden
Business activities gradually improving but it could still be a while before MFI segment sees a turnaround – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/business-activities-gradually-improving-but-it-could-still-be-a-while-before-mfi-segment-sees-a-turnaround/articleshow/81635041.cms Synopsis–With the gradual opening up of the Indian economy, collections picked up pace since the September and December quarter but have slowed in
Bombay High Court stays Service Tax demand notice issued to CA based on ITR
Clipped from: https://www.taxscan.in/bombay-high-court-stays-service-tax-demand-notice-issued-to-ca-based-on-itr-read-order/98363/ Home Top Stories Bombay High Court stays Service Tax demand notice issued to CA based on ITR [Read Order] Featured Headlines Income Tax
Retailers Association of India appeal to the government to be included under MSMEs – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/retailers-association-of-india-appeal-to-the-government-to-be-included-under-msmes/2216161/ Ease of Doing Business for MSMEs: Retail Trade is not classified under Micro and Small enterprises since the year 2017. Ease of Doing
Cisco plans to reach 15 lakh SMBs in the next three years, says its MD for SMBs Panish PK – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cisco-plans-to-reach-15-lakh-smbs-in-the-next-three-years-says-its-md-for-smbs-panish-pk/2216431/ Technology for MSMEs: While the focus for Cisco has always been large enterprises, it started catering to SMBs a year and a half
Why operating desktops in the cloud is the new buzzword for SMBs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/security-tech/technology/why-operating-desktops-in-the-cloud-is-the-new-buzzword-for-smbs/articleshow/81561838.cms Synopsis–Cloud-based desktops provide SMBs with the much-needed mobility to work from anywhere, anytime, and on any device in a highly secure environment. The
‘Atmanirbhar’ artisans – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/atmanirbhar-artisans/article34093528.ece This is the key to a self-reliant MSME sector Finance Minister Nirmala Sitharaman, in Budget, 2021–22, said the MSME sector is being redefined
Resolution of bad loans may face logjam if IBC not streamlined: Experts | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/resolution-of-bad-loans-may-face-logjam-if-ibc-not-streamlined-experts-121031400919_1.html Few will go on record explicitly, but there is the fear that there will be a logjam ahead on the IBC front. In
Worst over, economy will only move upwards: Shaktikanta Das – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/worst-over-economy-will-only-move-upwards/articleshow/81560126.cms Synopsis–“GDP growth is slowly turning the corner,” RBI governor Shaktikanta Das, chosen as ET’s Business Reformer of the Year by a jury headed
SME-boost with foreign trade policy: A market intelligence programme under FTP will widen the markets for SMEs – The Financial Express
A market intelligence and network programme integrated into the FTP will widen the markets for aspiring SMEs while also strengthening existing exporters. To tie it
Vayana Network, CRIF India partner to launch tech-enabled tool for MSMEs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/vayana-network-crif-india-partner-to-launch-tech-enabled-tool-for-msmes/article34073068.ece Good Business Score will help MSMEs measure and manage their business health effectively Vayana Network, a supply chain financing platform, has partnered with
PAC for lowering interest rates of loans to MSMEs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/pac-for-lowering-interest-rates-of-loans-to-msmes/article34077136.ece The Public Accounts Committee (PAC) has asked the Department of Financial Services and commercial banks to charge “uniform and lowest possible” rates of
SME-boost with foreign trade policy: A market intelligence programme under FTP will widen the markets for SMEs – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/sme-boost-with-foreign-trade-policy-a-market-intelligence-programme-under-ftp-will-widen-the-markets-for-smes/2213396/ A market intelligence and network programme integrated into the FTP will widen the markets for aspiring SMEs while also strengthening existing exporters. To
88% PMEGP beneficiaries ‘negatively affected’ due to pandemic; this many shut operations – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-covid-crisis-88-pmegp-beneficiaries-negatively-affected-due-to-pandemic-this-many-shut-operations/2209762/ Ease of Doing Business for MSMEs: Under PMEGP, around 2.37 lakh micro enterprises were supported with a margin money subsidy of Rs 6,833.32
When will SC status quo on bank loans end? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/when-will-sc-status-quo-on-bank-loans-end-121031400872_1.html If it continues, wary of borrowers’ opportunism and distorted credit discipline, banks may not come forward to lend even if we shout ourselves
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