Monday, September 20, 2021

MSME lending grows 37% in value between FY17 to FY21

One of India's leading credit bureau, CRIF High Mark in a recent report titled 'How India Lends 2021' stated that an overall upsurge was witnessed in commercial loans between...
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HDFC Bank partners with NSIC to offer credit support to MSMEs

Private lender, HDFC Bank has partnered with National Small Industries Corporation (NSIC) by signing a Memorandum of Understanding (MoU) to offer credit support to micro, small and medium enterprises...
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BSE SME targets to list 5000 SMEs and unlock Rs 4-5 lakh crores

The Bombay Stock Exchange, India's oldest and largest stock exchange, launched a platform for SME businesses in 2012, the BSE SME and Startup index, which is aimed at the...
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Would like to lead good 20-30 Indian SME firms to IPO and Unicorn tags:...

IPOs is in the buzz again as record number of firms are lined up to mop up thousands of crores due to the abundance of liquidity in market.

FM Nirmala Sitharaman launches new fund for MSMEs

Finance Minister Nirmala Sitharaman on August 21 launched a new fund for MSMEs. The announcement for the funds were done in the 2020 Union Budget but...

SIDBI launches cluster development focused initiatives for MSMEs

Small Industries Development Bank of India (SIDBI) recently launched various micro, small and medium enterprises (MSMEs) cluster development focused initiatives.These schemes will focus on support for technology upgradation, modernisation,...

To make GST a roaring success, need for ease in compliance & MSMEs adopting...

https://www.youtube.com/watch?v=mvH4U3XMtG0 Representing the trade, industry, and commerce sector Manohar opined, from 1957 until 2005, the state was under the Sales Tax regime, and then...
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Over 1.09 crore MSME borrowers get guarantee support under ECLGS

The Parliament on Monday was informed that over 1.09 crore MSME borrowers had availed the guarantee support amounting to Rs 1.65 lakh crore as of July 2, 2021.

SBM Bank India & Drip Capital tie-up to empower MSME exporters

Foreign private lender, SBM Bank India and trade finance platform, Drip Capital have tied-up to empower MSME exporters with credit requirements and services. Exporters will now...

Flexiloans collaborates with Google Pay to offer digital loans to MSMEs

Flexiloans has partnered with Google Pay to offer loans to small merchants and entrepreneurs across India who are unable to access formal credit and aims to disburse over to...

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