Page 2 - Msme

Indian Bank sanctions ₹1,400 cr loans to MSME units at outreach camp

State-owned Indian Bank on Wednesday said that it has sanctioned loans of Rs 1,400 crore to small businesses at a 'retail outreach camp' in the country's financial capital. Sanction letters were given to 200 MSME and retail customers during the camp held recently, as per a statement. **** *Livlong 365 aims to invest Rs 100 crore Helathtech platform Livlong 365 on Wednesday announced that it is aiming to invest Rs 100 crore over the next 18 months. The company is planning to open 100 branches by 2027, which will require an investment of Rs 70-100 crore, according to a statement. **** *Niyo acquires Kanji Forex Travel fintech Niyo on Wednesday announced the acquisition of Kanji Forex for an undisclosed sum. The company also appointed banker Amit Talwar as the chief executive of its forex business, a statement said. **** Seeds Fincap raises Rs 50 crore in pre-series B round funding Non-bank lender Seeds Fincap has raised Rs 50 crore in a pre-series B round of funding from its

Govt plans credit guarantees for small firms, exporters hit by US tariffs

The federal finance ministry has proposed to provide 10-15 per cent credit guarantees to banks for advancing loans to stressed small businesses, with turnover up to ₹500 crore

US tariff shock puts Indian MSMEs at risk, industry seeks govt support

MSMEs, which drive 45% of India's exports, warn of a $30 bn blow as US imposes steep tariffs; industry calls for urgent support and export market diversification

In an uncertain world, India's small businesses are sure about growth

MSMEs hopeful about first quarter performance and most don't think US tariffs will affect them

Defence MSMEs must maintain quality to join global supply chain: BEL chief

Micro, Small and Medium Enterprises in the defence and aerospace sectors must adhere to stringent quality standards to become part of the global supply chain, Bharat Electronics Limited chairman and managing director Manoj Jain said on Saturday. Speaking at the curtain-raiser of the 7th edition of the India Manufacturing Show (IMS), billed as the 'Aerospace & Defence Engineering Expo', Jain stressed the importance of quality and certification. "MSMEs must align with stringent quality and certification standards if they are to be part of the global supply chain," he said, adding that flexibilitywithout compromising regulatory complianceis essential from both large industries and MSMEs. "This calls for a mindset change across the ecosystem," he noted. IMS 2025 is being organised by Laghu Udyog Bharati-Karnataka in association with the IMS Foundation. The international expo, scheduled to be held from November 6-8 at the Bangalore International Exhibition Centre, will showcase core ..

Steel quality control order duplicative and hurts MSMEs, says GTRI

The report also flagged potential market distortion, citing exemptions for finished products like welded pipes, which appear to favour value-added imports over domestic manufacturing

Trump's tariff clouds cast a spreading gloom over export-focused MSME mood

The downward sentiment comes despite the Composite MSME Business Confidence Index (M-BCI) indicating a favourable business environment for MSMEs

Business confidence among MSMEs improved in Q1 FY26: Sidbi survey

Business confidence among micro, small, and medium enterprises improved in the April-June quarter, backed by steady domestic demand and a supportive financial environment, according to the latest MSME Outlook Survey released by SIDBI on Wednesday. The Composite MSME Business Confidence Index (M-BCI) rose to 63.75 during the quarter under review from 60.82 in the previous quarter. A value above 50 suggests positive sentiment. Manufacturing and trading MSMEs drove the gains, while the services sector remained stable with a marginal decline, it showed. The MSME Business Expectations Index (M-BEI), reflecting the outlook for upcoming quarters, stood at 62.19 for July-September and 67.88 for the first quarter of the next fiscal, suggesting sustained optimism despite headwinds like global tariffs and trade volatility. A total of 88 per cent of respondents reported improved access to finance, up from 79 per cent in the previous round, the survey said. The report also indicated that fewer

GST burden on small traders: Bommai urges CM Siddaramaiah to intervene

Bommai said the State Commercial Taxes Department, in haste, has imposed taxes for several years along with interest and other charges, placing a heavy burden on small roadside business owners

Steel ministry defers quality rules on imports amid importer concerns

India's steel ministry has delayed BIS certification rules on steel imports by four months, offering relief to importers facing compliance hurdles and protecting in-transit shipments from disruption

MSMEs show strong sustainability gains but lag in governance: SPeX

/ -- Dun & Bradstreet, a leading global provider of business decisioning data and analytics, along with Small Industries Development Bank of India (SIDBI), has released the Sustainability Perception Index (SPeX), for January-March 2025 period. The SPeX, (also known as the 'Green Pulse Indicator') evaluates perception of sustainability of micro, small and medium enterprises (MSMEs) across three dimensions: willingness, awareness, and implementation. The SPeX rose by 14.7% quarter-on-quarter to reach 69 in Q1 2025, marking its highest level in the past 10 quarters. All three dimensionsAwareness (+20%), Willingness (+17%), and Implementation (+2%) increased from Q4 2024, each reaching their highest levels in the last 10 quarters. Dr. Arun Singh, Global Chief Economist, Dun & Bradstreet, said, "MSMEs have made remarkable strides in their sustainability journey, with awareness, willingness and implementation reaching record highs in Q1 2025 since we started tracking in Q4 2022. ...

Startups use AI, omnichannel push to expand globally, reach deeper locally

A report by Meta in collaboration with Alvarez & Marsal India outlines six key strategies fueling scale, as young firms expand globally and deepen domestic reach

MSME credit top Rs 40 trillion as of March 2025, grows 20% annually

The increase has been primarily driven by strengthened priority sector lending (PSL) norms, targeted government initiatives, and increased digitalisation

MSME Credit top ₹40 trn; growth in active loans slowdown in FY25: CRIF

Credit to MSMEs grew 20% in FY25 to ₹40 trillion, driven by PSL norms, digitisation, and government support, even as active loan growth and term loan share moderated

Walmart reaffirms commitment to hike India sourcing to $10bn by 2027

Walmart CEO Doug McMillon says the firm's sourcing from India is expanding beyond limited categories as it doubles down on MSME empowerment and digital growth

Focus areas will be retail penetration, MSMEs: Indian Bank's Binod Kumar

Binod Kumar lines up the strategy to focus more on retail and micro, small, and medium enterprises, plans to improve technology via an investment of Rs 1,300 crore, and outlines the growth roadmap

Govt may start scheme to help MSME exporters register in new markets: Goyal

The government is considering formulating a scheme to fund exporters, especially MSMEs, in registering new products in new markets with an aim to boost the country's outbound shipments, Commerce and Industry Minister Piyush Goyal has said. He added that the entire cost of such registration will be funded by the government. "I am thinking of coming out with a scheme that any MSME that needs to spend any amount of money to register their products any where in the world, particularly for new products, new markets, new exporters, the government will fund the whole cost," Goyal said here on June 9 while addressing Indian business delegation. The minister is here on an official visit to hold meetings with Swiss leaders and companies to boost trade and investments between the two countries. This scheme is expected to be part of the Export Promotion Mission (EPM), which was announced in the Budget. It may include 12 components, including easy credit schemes for MSMEs, e-commerce exporters

Jana Small Finance Bank applies to RBI for universal banking licence

Jana Small Finance Bank (Jana SFB) on Monday said it has formally submitted an application to the Reserve Bank of India (RBI) seeking approval to transition into a universal bank. The strategic move marks a significant milestone in Jana Bank's growth journey and reflects its long-term commitment to financial inclusion, innovation, and sustainable banking, the bank said in a statement. Over the past several years, Jana SFB has successfully built a strong retail and MSME franchise, expanded its digital and physical footprint across the country, and consistently delivered on key financial and governance metrics, it said. Since receiving its SFB licence in 2017, Jana has built a robust portfolio in deposits, loans, and financial services tailored to individuals, MSMEs, and institutions, it said. With a growing deposit base, national presence, digital services and a strong asset quality track record, the bank believes it is well-positioned to take the next step in its evolution, it adde

Signs bright for MSME sector as lending and financial stability improve

Issues like corporate governance, expertise in international trade and digital transformation fester

Government keen to increase credit availability to MSMEs, says official

The government wants to increase credit availability to micro, small and medium enterprises (MSMEs) and also improve them by enhancing technology, an official said on Friday. Addressing CII's Annual General Meeting, Rajneesh, Additional Secretary and Development Commissioner, Ministry of MSME said India is the fourth largest economy today and would be the third-largest soon. Rajneesh highlighted how MSMEs took a hit during COVID-19 but turned around very fast. He said that MSMEs provide employment to 27 crore people and that is why the ministry keeps them in mind while making policies. "We want to increase credit availability to MSMEs. This year Budget provided for providing credit cards to micro enterprises," he said adding MSME NPAs (bad loans) were less than 5 per cent in last five years as per RBI data. He also highlighted the role of technology to improve MSMEs, suggesting that through use of technology issues between environment concerns and growth aspirations can be ...