Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-fin-scaling-back-how-banks-nbfcs-post-pandemic-can-help-msmes-achieve-growth-in-new-normal/2151713/ Credit and Finance for MSMEs: With the rise of innovations in fintech solutions, banks and NBFCs are fast enabling small and medium-sized enterprises
Category: MSME-Startup
MSMEs seek easing of Basel norms in banking sector – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/fintech-and-bfsi/three-fourths-of-the-banking-sector-is-on-a-ventilator-more-private-banks-can-help-it-breathe-easy-/primearticleshow/79883963.cms Synopsis–The balance sheets of several public-sector banks are in distress, the government can ill afford bailouts, and a large section of the population
Reading the tea leaves: What do jobs data tell us about economic recovery? | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/reading-the-tea-leaves-120122101212_1.html Weekly estimates for the first three weeks of December indicate a likely marginal improvement in aggregate employment compared to November Expectations of a
Wrong call on IBC | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/wrong-call-on-ibc-120122101257_1.html Govt should not have extended suspension of bankruptcy work The Insolvency and Bankruptcy Code (IBC) is one of the major reforms of the National Democratic
Invoicemart discounts Rs 10,000-cr MSME invoices – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/invoicemart-discounts-rs-10000-cr-msme-invoices/2154482/ A majority of industries and businesses are now inching towards pre-COVID-19 levels, MSMEs have also started charting their path for recovery, Invoicemart said
Need for relook at differential rates structure to help MSME: Experts – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/need-for-relook-at-differential-rates-structure-to-help-msme-experts/articleshow/79828395.cmsSynopsis Under the differential rates structure, the companies with high credit rate get loans from lending institutions at low rates, while those not having
IBC suspension likely to be extended by 3 more months amid Covid crisis – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/ibc-suspension-likely-to-be-extended-by-3-more-months-amid-covid-crisis/articleshow/79831823.cms Synopsis–Policymakers are of the view that a further extension is required as the economy is yet to emerge from contraction and businesses need
CAIT says Amazon’s arbitrary policies to dominate India’s retail trade should end – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/services/retail/cait-says-amazons-arbitrary-policies-to-dominate-indias-retail-trade-should-end/articleshow/79843206.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The court rejected Future Retail Ltd’s (FRL) plea for an interim injunction to restrain Amazon from writing to Sebi, the Competition Commission and
Insolvency and bankruptcy code (IBC) suspension extended till March 31 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/insolvency-and-bankruptcy-code-ibc-suspension-extended-till-march-31/articleshow/79843895.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The government had suspended fresh proceedings under IBC for loan defaults on or after March 25, for six months, as part of measures
Smaller firms worse hit than larger ones during Pandemic: Crisil – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/smaller-firms-worse-hit-than-larger-ones-during-pandemic-crisil/articleshow/79841567.cmsSynopsis An analysis by the research arm Crisil indicated that revenues of Indian corporates India – excluding oil companies, banking, financial services and insurance–
Government committed to help the MSME sector flourish: Pratap Chandra Sarangi – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/government-committed-to-help-the-msme-sector-flourish-pratap-chandra-sarangi/articleshow/79796787.cmsSynopsis “With the government increasing opportunities for local MSMEs and reducing dependence on imports, MSMEs will be able to scale up operations and gain
How banks, NBFCs post pandemic can help MSMEs achieve growth in new normal – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-fin-scaling-back-how-banks-nbfcs-post-pandemic-can-help-msmes-achieve-growth-in-new-normal/2151713/ Credit and Finance for MSMEs: With the rise of innovations in fintech solutions, banks and NBFCs are fast enabling small and medium-sized enterprises
Shopmatic launches new range of e-commerce solutions to help entrepreneurs, SMEs to sell online – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/shopmatic-launches-new-range-of-e-commerce-solutions-to-help-entrepreneurs-smes-to-sell-online/articleshow/79775012.cmsSynopsis The Single Checkout Link also enables transaction virality, in that buyers can share the same links with their friends or followers, helping sellers
Govt to encourage banks to use co-origination model of financing to address MSME needs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/govt-to-encourage-banks-to-use-co-origination-model-of-financing-to-address-msme-needs/articleshow/79782018.cmsSynopsis Co-origination or co-lending model is a financial system of leveraging the comparative advantages of both the banks and non-banking finance companies (NBFCs) in
MSMEs in 2021: Six key trends to watch out in B2B e-commerce to jumpstart small business recovery – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-msmes-in-2021-six-key-trends-to-watch-out-in-b2b-e-commerce-to-jumpstart-small-business-recovery/2150932/ Ease of Doing Business for MSMEs: In 2021, restoring MSMEs’ economic momentum will be integral to giving the real GDP growth rate a
MSME Minister Nitin Gadkari mulls award to businesses paying MSMEs on time – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-msme-minister-nitin-gadkari-mulls-award-to-businesses-paying-msmes-on-time/2151357/ Credit and Finance for MSMEs: The MSME Ministry had written to over 2,800 corporates in October, after writing to 500 such businesses in
M1xchange Funding: TReDS platform M1xchange raises funding from BEENEXT, Mayfield – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/treds-platform-m1xchange-raises-funding-from-beenext-mayfield/articleshow/79758525.cmsSynopsis The utilisation of funds by M1xchange will be to expand its network across India NEW DELHI: BeenextAsia, Singapore and Mayfield have jointly made an investment of
Co-lending in SME sector helps banks check risk: SBI – The Financial Express
Clipped from: https://www.financialexpress.com/industry/banking-finance/co-lending-in-sme-sector-helps-banks-check-risk-sbi/2150774/ Khara also observed that money from the domestic market and household savings was not sufficient to fund India’s infrastructure growth and the only
MSMEs likely to create five crore new jobs in next five years: Gadkari – The Financial Express
Clipped from: https://www.financialexpress.com/industry/msmes-likely-to-create-five-crore-new-jobs-in-next-five-years-gadkari/2150776/ The minister said he envisions the MSME sector to contribute 40% to the country’s gross domestic product (GDP) from around 30%; at the
NBFCs Budget Demand: Provide liquidity support, extend restructuring scheme to retail MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/nbfcs-budget-demand-provide-liquidity-support-extend-restructuring-scheme-to-retail-msmes/articleshow/79741816.cmsSynopsis Non-bank lender’s have also sought exemption of TDS on interest income. Presently, tax is deducted at source at the rate of 30 per
