Saturday, December 4, 2021

MSME

Flipkart to have over 4.2 lakh sellers, MSMEs on its platform by December

Currently, the Flipkart marketplace supports digital commerce for 3.75 lakh sellers and is steadily working towards taking this number to 4.2 lakh sellers on its platform by the year-end.

MSME Summit: One District, One Product scheme to create export potential

Hyderabad: The 'One District, One Product' scheme will create and increase export potential in each district. MSME’s were severely impacted due the Covid. Though...

Industrial cluster issue: Marri meets KTR

Hyderabad: Malkajgiri TRS Parliamentary constituency incharge, Marri Rajashekar Reddy on Tuesday met MAUD Minister K T Rama Rao and requested his intervention in solving...

Opinion: An idea whose time has come

If implemented well, Dalit Bandhu will drive a structural shift in the economy, and enhance the lives of poor young people

Hyderabad: Union Bank of India holds customers meeting

Kabir Bhattacharya, field general manager, Hyderabad, said MSME is an important sector of the Indian economy, contributing significantly to its growth

Mswipe appoints industry veteran Ketan Patel as CEO

I am a firm believer of constant evolution and adaptability and I am confident that Ketan will spearhead Mswipe on to an exciting, high-growth journey as Mswipe expands to provide credit and other financial services

Bank of Maharashtra tops PSU bank chart in MSME loan growth in FY21

For the full year 2020-21, BoM's standalone net profit jumped nearly 42 per cent to Rs 550.25 crore. I

MSME engineering exporters seek PM Modi’s intervention

Ludhiana Hand Tools Association President S C Ralhan said that many of the competing countries, provide support to manufacturing units by providing steel at much reasonable prices.

‘India should focus on reforms’

The government must lead the investment cycle but focus on completing the several projects that are underway and not start new ones.

MSME needs right kind of relief package: Assocham

Suggesting some measures, Assocham president Vineet Agarwal said banks should increase working capital limit of MSMEs by 20 per cent but not charge any extra collateral.

IDBI Bank launches digitised automated loan processing system

This new loan processing system seamlessly integrates with data fintechs, bureau validations, document storage/retrieval, account opening/management, customer notifications, and portfolio management capabilities along with embodied policy/knock off parameters.

HDFC Bank’s MSME book grows 30% to cross Rs 2 trillion-mark

Geographically speaking, the bank is present in 630 districts, of these, 560 districts have MSMEs.

Grass‘routes’ to self-reliance

Facilitating grassroots innovation to address rural needs is critical to building self-sufficiency in unprecedented times

CAIT demands restoration of MSME status for 8 cr traders

The government in June 2017 removed retail and wholesale traders from the MSME category forcing the players either borrow at a higher rate or from informal financial sources.

Adapt innovative ideas, Warangal NIT students told

MSME have launched  a two-day industrial motivation awareness programme to create awareness on entrepreneurship, self-employment, MSME Schemes, etc., for the benefit of the unemployed youth

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