Aimed at giving a fillip to the MSME sector, regarded to be the ‘growth engine’ of the Indian economy, PM Modi had announced the 25%
Category: SME
MSME: MSME Schemes: Everything about Providing Assistance to Training Institutions – The Economic Times
The Government understands the necessity of training institutes that needs to be developed with all the modern training facilities and thus, the Assistance to Training
Corporation Bank launches ‘Corp SME Suvidha’ for MSMEs – The Hindu BusinessLine
Corporation Bank has launched ‘Corp SME Suvidha’, a product for GST-registered MSMEs. A press release said that the product has been designed as part of
Government plans Rs 1,000-crore fund for startups in priority areas – The Economic Times
The government proposes to introduce a slew of reforms and another fund to boost startups that are focussed on priority areas such as rural healthcare, water
SME: Difference between a Startup and an SME? It’s words that starts with P – The Economic Times
By Sreeraman Thiagarajan My first job was in 2002, at a bank where I was facilitating the sales of liability products. During the first week
funding for sme: Offer up to Rs 1 cr overdraft to MSMEs on turnover reported in GST returns: ICICI Bank – The Economic Times
ICICI Bank aims to bring in more digitised services for the MSME sector, enabling quicker payment transactions, less paperwork and faster reconciliation solutions. Pankaj Gadgil, Head
MSME: A primer for availing MSME business loans: Here’s everything you need to know
By Mehernosh Tata Globally, the Micro, Small and Medium Enterprises (MSMEs) segment plays a crucial role in employment generation, driving innovation, GDP growth, and augmenting overall economic
exports: Handling your shipment should be as easy as ordering on Swiggy, Zomato – The Economic Times
By Troels Stovring The complexity that exists in the international trade and logistics industry has become a significant barrier for growth of many small and medium sized enterprises (SMEs)
SME: Financial practices every SME owner should adopt at the beginning of the new fiscal year
By Siddharth Mahanot Whether it’s a listed company or a startup, running a business on your own, while bringing its own set of excitement, can
Loans to MSMEs grew 21% y-o-y in Q3FY19: Study – The Financial Express
Most of the growth in Q3FY19 came from private banks and NBFCs, with their market shares in MSME loans rising 400 bps and 300 bps
Goodies for small traders | Business Standard Editorials
Speaking at a traders’ convention in New Delhi, Prime Minister Narendra Modi made a series of promises to traders about changes in government policy if he was re-elected
Legal action cannot be made illegal through a retrospective amendment | Business Standard News
We are merchant exporters. We obtained inter-state supply of goods from supporting manufacturers at 0.1 per cent GST under notifications 41/2017-I.T.(Rate) dated October 23, 2017. Under similar
Ease of Doing Business: Companies may take only 3 days to register with central agencies – The Economic Times
The DPIIT’s plan for ranking upgrade also includes changes to the insolvency framework to make it more effective . In a bid to break into
Modi promises ₹50-lakh loan without collateral, welfare board for traders – The Hindu BusinessLine
Prime Minister Narendra Modi on Friday promised traders ₹50-lakh loan without any collateral, credit card facility and a pension scheme for small shopkeepers as he
Aye Finance: Aye Finance launches its not for profit company for advancement of micro enterprises–Economic Times
After successfully enabling the financial inclusion of over 1,00,000 micro enterprises, Aye Finance is launching its not for profit Company FAME (Foundation for Advancement of Micro Enterprises), under which
Aggregate MSME lending grew at 19.3% in the past five years: CIBIL report | Business Standard News
PSBs are showing a sustained and significant decline in market share of MSME lending Aggregate micro small and medium enterprise (MSME) lending, for both entities and individuals,
Vayana: Vayana Network hits $2b in loan disbursals–Economic Times
Vayana Network, which lends to small and medium enterprises, has doubled loan disbursals to $2 billion (Rs 15,000 crore) by end-March, helped by rapid growth in the
MSME: There’s a need to technologically enhance invoice discounting in India
By Nipun Kohli One of the leading impediments to overall health and sustainability of supply chains is the uncertainty in payments. As a consequence, the small-scale
An MSME-focused credit risk database will help both lenders and enterprises – The Financial Express
By Savita Shankar The micro, small, and medium enterprise (MSME) sector is estimated to comprise of over 63 million enterprises and contributes 28.8% to the
MSME credit: Public sector banks’ share dips to 39% – The Hindu BusinessLine
The share of public sector banks in lending to micro, small and medium enterprises (MSME) has been declining although overall lending to the sector has
