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"msme"

  • 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
  • ‘Apparel exporters in Faridabad should get benefits of EPCG’

    The demand comes after Noida was declared "Town of Export Excellence" for apparel products
  • Traders’ body to release white paper on state of GST regime

    The traders' body has been raising concerns for some time now over the arbitrariness of the tax regime. It has also called for a traders' strike on February 26.
  • Gehlot unhappy with Budget, says people left disappointed

    He said the entire focus of the budget was only on the electoral states. It seems to be more 'five electoral state budgets' than the Union Budget.
  • Airtel, NSIC partner for digital transformation of Indian MSMEs

    The offerings would come with the trusted support from Airtel that ensures high customer satisfaction through industry leading service uptime.
  • Solving the bad loan problem

    Creation of actuarial credit risk reserve instead of a bad bank is a more feasible option
  • Gem, jewellery shipments may reach Rs 1.6 lakh cr in FY21: GJEPC

    Exports have slowly been improving as during September, the total shipment was down 26.45 per cent compared to the same month last year, while in October it narrowed to 19 per cent.
  • Razorpay partners with PayPal to help Indian MSME’s go global

    The move comes at a time when leveraging digital technologies has become more crucial for businesses than ever in view of the pandemic.
  • Amazon’s Karigar initiative empowers local artisans

    Prione, a joint venture by Amazon and Catamaran, is enabling artisans and weavers to go online through Amazon’s Karigar initiative
  • Digitisation key to MSME growth: Experts

    Exploring new markets and collaborations among companies in the same sector to help scale up businesses post Covid-19
  • Extending moratorium would be detrimental to economy: Centre to SC

    New Delhi: The Centre has told the Supreme Court that going any further than the fiscal policy decisions already taken, such as waiver of compound interest charged on loans of up to Rs 2 crore for six months moratorium period, may be “detrimental” to the overall economic scenario, the national economy and banks may not […]
  • Banking begs new direction

    Time is nigh to transfer rural branches of PSU banks to their sponsored rural banks to achieve financial inclusion
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