Page 18 - Msme Sector

Bandhan Bank to add 250 banking outlets by the end of this financial year

Move follows relaxation given by RBI to expand network. Earlier, the regulator had imposed curbs on lender for not meeting promoter shareholding norms

Big e-commerce meets small biz: A balancing act for Amazon, Flipkart

As trader groups cry foul against them, online majors learn to do business with small companies

MSMEs grapple with stress even as govt grants more time for restructuring

Muted demand, non-payment by large customers, and unwillingness on the part of banks to restructure loans takes a toll on the sector

Budget depicts a fine balance between stimulus and reforms: L&T Finance CEO

A reduction in personal income taxes for middle and lower middle classes is strongly positive for demand revival

New scheme to provide subordinate debt to MSME entrepreneurs to be launched

The government has also asked the Reserve Bank to extend the Debt Restructuring window for micro, small and medium enterprises by a year to March 31, 2021

Banks looking to restructure major chunk of Rs 2-trn MSME loans by March

The MSME sector has been reeling from stress for quite some time

Credit Saison, Capital Float to provide digital financing to Indian SMEs

The two companies have jointly developed a unique co-origination model through which they will both contribute capital to deliver last-mile credit to MSMEs across the country

MSME is the backbone of industrial growth, says UP CM Yogi Adityanath

Uttar Pradesh will felicitate top exporters under its 'one district, one product' scheme

Cos from Iran, Bangladesh to participate in Odisha MSME trade fair

Chief Minister Naveen Patnaik will inaugurate the event on January 8

Year in Review: MSME sector poised for mega transformation in 2020

The Centre envisions a contribution of Rs 2 lakh crore from micro, small and medium enterprises (MSMEs) as India eyes becoming a USD 5 trillion economy by 2024

Govt may approve setting up Rs 5,000-crore stressed asset fund for MSMEs

With no promise of additional requisite funding, MSME ministry plans to cut existing schemes

Centre aims to extract $2 trn contribution from MSMEs in $5 trn economy

Under the Prime Minister's Employment Generation Programme (PMEGP), 65,312 new micro-enterprises have been set up, the MSME Ministry said in its year-end review for 2019

Slowdown in SME sector can hurt mid-sized private banks, be selective

RBL, Federal and City Union appear better-placed to handle the potential SME loans-related woes; investors should be cautious on DCB and Karur Vysya

Why neglect exports?

India's exports are held back more by our inadequate policies than by any stagnation in world trade

PhonePe crosses 5 billion transactions, grows five times in one year

The digital payments platform has over 175 million registered users in the country

State-owned banks to help small businesses with loans in month-long drive

Banks will also consider requests from MSMEs for restructuring their stressed standard assets

Miles to go as financial inclusion has only scratched surface: TRIBE CEO

Tech is helping extend credit to the MSME sector

$5 trillion economy: MSME sector has crucial role to play, says Assam CM

Sonowal also appealed to the entrepreneurs to take benefits of the National SC/ST hub to add capacity building.

UP posts 100% growth in MSME sector; project count hits 14 mn: Export panel

At present, the MSME sector contributes 65 per cent of the state's annual industrial output and is the second biggest employer after agriculture

MSME ministry likely to streamline existing schemes for better results

Central schemes may be significantly modified to maximise returns on fund allocation and speed up industrial output