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Vedanta Metal Bazaar processes $5 bn in FY26 sales, boosts MSME procurement

Vedanta's digital metal procurement platform processed nearly $5 billion in FY26 sales, with over 450 MSMEs using it for sourcing metals and accessing ₹1,600 crore in channel financing

Vedanta Metal Bazaar processes $5 bn in FY26 sales, boosts MSME procurement
Updated On : 03 Jul 2026 | 11:17 PM IST

How great leaders shape culture | Expert’s take

In this session, Dinesh Gulati, COO of IndiaMART, shares his rich experience and provides career tips to the B-Schoolers.

Icon YoutubeHow great leaders shape culture | Expert’s take
Updated On : 01 Jul 2026 | 3:00 PM IST

Govt eyes export finance mechanism for MSMEs to bridge working capital gap

The proposed mechanism, to be explored with the Department of Financial Services and industry, aims to ease working capital pressures arising from long export payment cycles

Govt eyes export finance mechanism for MSMEs to bridge working capital gap
Updated On : 30 Jun 2026 | 10:50 PM IST

Govt rolls out improvement notice mechanism to boost ease of doing business

The government has introduced an improvement notice mechanism under the Legal Metrology Act, allowing businesses to fix first-time procedural lapses before facing penal action

Govt rolls out improvement notice mechanism to boost ease of doing business
Updated On : 29 Jun 2026 | 1:26 PM IST

Progcap looks to raise $45 million equity capital in FY28 to fuel growth

MSME fintech firm Progcap aims to raise up to USD 45 million (approximately Rs 425 crore) from share sales in FY28 to expand its lending business. "We are planning a capital raise through equity dilution next financial year," Progcap co-founder Himanshu Chandra told PTI. It would be through private placement of shares, and the quantum could be in the range of USD 40-45 million, depending on the valuation, he said. "We have enough capital to take care of growth needs for the current financial year. We may look at dilution of equity next financial year," he said, adding that the dilution would be in the single digit. The fintech firm, which obtained an NBFC licence in 2022, has been witnessing very high growth in MSME lending, especially wholesalers and retailers. The fintech is currently present in 500 cities, Tier II, III and IV cities, with over 30,000 borrowers having an average ticket size of Rs 10 lakh. The lending firm focuses on loans to retailers and wholesalers across 10

Progcap looks to raise $45 million equity capital in FY28 to fuel growth
Updated On : 28 Jun 2026 | 1:57 PM IST

Digital makeover of the small & medium businesses | Expert's take

In this session of Gurugyan, Navneet Sharma, COO, ACT Enterprise talks about digital infrastructure and SMBs.

Icon YoutubeDigital makeover of the small & medium businesses | Expert's take
Updated On : 23 Jun 2026 | 6:48 PM IST

'Nursery of entrepreneurship, key to Viksit Bharat': RBI Guv bats for MSME

The RBI governor's message in Kochi puts the focus on whether banks can turn formal credit channels, digital rails and policy support into timely finance for small businesses

'Nursery of entrepreneurship, key to Viksit Bharat': RBI Guv bats for MSME
Updated On : 22 Jun 2026 | 6:15 PM IST

Crisil SME tracker: Road MSMEs under EPC may retain their margins in FY27

Increased allocations for highways and rural roads are expected to drive demand for MSMEs engaged in EPC projects

Crisil SME tracker: Road MSMEs under EPC may retain their margins in FY27
Updated On : 19 Jun 2026 | 10:39 PM IST

Time for lenders to rethink MSME credit beyond collateral-based models

Financial institutions must pivot towards cashflow tracking and unified digital networks to unlock funding for small businesses

Time for lenders to rethink MSME credit beyond collateral-based models
Updated On : 15 Jun 2026 | 10:46 AM IST

MSME delayed payment complaints fall, disposal rate falls faster

MSME payment delays remain a major concern as complaint disposal rates plunge, with private firms, institutions, Maharashtra and Delhi leading dues

MSME delayed payment complaints fall, disposal rate falls faster
Updated On : 08 Jun 2026 | 5:50 PM IST

MSME loan portfolio grows 12.8% Y-o-Y to Rs 46 trillion in April 2026

Outstanding MSME loans reached about Rs 46 trillion in April 2026, but portfolio growth and active loan additions slowed sharply as global uncertainty weighed on credit supply

MSME loan portfolio grows 12.8% Y-o-Y to Rs 46 trillion in April 2026
Updated On : 05 Jun 2026 | 6:00 PM IST

Beyond credit scores: Next inclusion phase must reach first-time borrowers

As seen in the 11th round of the National Bank for Agriculture and Rural Development's Rural Economic Conditions and Sentiments Survey, around 22 per cent of the surveyed rural households still depend

Beyond credit scores: Next inclusion phase must reach first-time borrowers
Updated On : 04 Jun 2026 | 10:34 PM IST

Best of BS Opinion: Manufacturing ambition, the next IT state and more

From manufacturing reforms and Bengal's industrial future to Japan ties, wildlife conflict and digital culture, today's commentaries examine India's evolving challenges

Best of BS Opinion: Manufacturing ambition, the next IT state and more
Updated On : 11 May 2026 | 6:15 AM IST

MSMEs, airlines get ₹2.55 trillion credit lifeline amid West Asia crisis

Cabinet approves ECLGS 5.0 with an outlay of ₹18,000 crore

MSMEs, airlines get ₹2.55 trillion credit lifeline amid West Asia crisis
Updated On : 05 May 2026 | 11:27 PM IST

Electronics MSMEs to get lift from PLI push, high demand: SME Tracker

Mobile phones, consumer electronics and industrial electronics together account for 55-60% of electronics sales in India

Electronics MSMEs to get lift from PLI push, high demand: SME Tracker
Updated On : 01 May 2026 | 11:13 PM IST

MSME body seeks review of wage calculation rules under labour codes

Industry body flags confusion over PF, bonus and overtime inclusion in wage rules, seeks simpler compliance norms and clarity for smoother labour code implementation

MSME body seeks review of wage calculation rules under labour codes
Updated On : 28 Apr 2026 | 9:10 PM IST

MSME copper recyclers face shutdown risk amid West Asia conflict

Units warn of permanent shutdowns and curtailed operations as West Asia conflict disrupts scrap supply, raises costs, and strains liquidity; government relief sought

MSME copper recyclers face shutdown risk amid West Asia conflict
Updated On : 16 Apr 2026 | 11:56 PM IST

Lenders favour MSME loan restructuring over moratorium amid stress

Banks prefer restructuring MSME loans over moratoriums to maintain credit discipline, as stress from US tariffs and the West Asia crisis raises concerns over repayment capacity

Lenders favour MSME loan restructuring over moratorium amid stress
Updated On : 10 Apr 2026 | 6:09 PM IST

MUFG Bank acquires 20% stake in Shriram Finance for Rs 39,618 crore

Japan's MUFG Bank picks 20 per cent stake in Shriram Finance in one of the largest cross-border deals, boosting capital and growth prospects

MUFG Bank acquires 20% stake in Shriram Finance for Rs 39,618 crore
Updated On : 09 Apr 2026 | 12:17 AM IST

West Asia conflict: How ongoing war casts a shadow on Pune's shop floors

The West Asia conflict exposes fragile supply chains, rattling labour, fuel access, and MSME stability across Maharashtra

West Asia conflict: How ongoing war casts a shadow on Pune's shop floors
Updated On : 07 Apr 2026 | 11:55 PM IST