"msmes"

Last financial year, TRICOR approached TIHCL for viability assessment of 26 distressed enterprises, which suffered financial and other constraints, especially in the wake of pandemic

Major focus will be on SMEs in edtech, water & sanitation, cleantech, healthcare, food & agritech sectors 

New Delhi: The Global Alliance for Mass Entrepreneurship (GAME) and the Small Industries Development Bank of India (SIDBI) have signed a pact to help micro, small and medium enterprises (MSMEs) address their challenges that were accentuated during the pandemic. The broad themes covered under the partnership include expanding credit access, increasing formalisation, building competitive clusters, […]

Financial stability is a public good, and so government has a vital role in maintaining price stability and welfare growth

Writes to Nirmala seeking changes to ensure maximum benefits to MSMEs

It has suggested that the surplus funds of ESIC (Employees State Insurance Corporation) should be used for providing wage support measures/stimulus packages for the employees.

Creating safe working zones is necessary, for it is not possible to perpetually fear and abstain from livelihood activities

Moratorium should be extended up to March 2022 on all EMIs of term loans as well as interest on cash credit accounts.

In Telangana, M1xchange has about 300 MSMEs from auto, pharma and heavy engineering sectors.

Painting a rosy picture based on April's GST collections could be a miscalculation as all indicators point to a grim picture of the economy

It is up to the Centre now to complement RBI’s efforts to revive the economy with appropriate policy interventions

Borrowers that are individuals and micro, small and medium enterprises (MSMEs) having an aggregate exposure of up to Rs 25 crore would be considered for the new scheme.

Banks need to respond to the ferocity of impending competitive headwinds from NBFCs, including fintech companies

The partnership is to help MSMEs to make better credit decisions before offering credit against goods and services.

Aviation sector was affected because of Covid restrictions on the movement of international flights was still on, but the condition is favourable for the aerospace sector here, said Industries Minister

By issuing secured debentures to family offices and high net worth individuals on a private placement basis.

The company has seen 2 crore small merchants using their various services of digital payments like Wallet, UPI, Cards and net-banking.

Government has suspended the admission of new IBC cases in view of the pandemic the pandemic and the suspension is scheduled to end on March 24.

Banks and non-banks must use liquidity windows and newfound demand for credit to push economic revival aggressively

With bad loans set to move to the proposed ARC, banks can turn their focus back on lending to MSMEs