Page 20 - Msmes

SBI posts record quarterly profit of Rs 9,114 cr, misses Street estimates

The bank's profit growth was mainly due to improvement in its net interest margins and a sharp decline in loan loss provisions

Power outage in the time of sowing: Jalandhar MSMEs' new struggle

Jalandhar has been in the midst of much disruption. This ground report, concluding the power crisis series, looks at MSMEs and their issues

MakeMyTrip to enhance business-to-business segment to tap corporate travel

MakeMyTrip said it is planning to enhance its business-to-business segment, targeting large corporates and MSMEs to tap the opportunity in domestic corporate travel.

Centre to rate PSUs on capital mgmt, investor concalls among new parameters

PSUs also have to comply with asset monetisation targets set collectively by their administrative ministry

ICICI Bank launches India's 'open-for-all' digital ecosystem for MSMEs

Anyone can avail of the benefits of digital solutions by downloading the new version of the InstaBIZ app.

Indifi Technologies appoints former SBI Chairman Rajnish Kumar as advisor

Rajnish Kumar will engage with the management on the Indifi Technologies' growth strategy and provide guidance in the financial services sector.

Chemical MSMEs to log robust growth, margins stressed: CRISIL SME Tracker

MSMEs' double-digit revenue growth will be powered by improved price realisation

ADB considering loan to Maldives bank to help nation's MSMEs: Ashok Lavasa

'What the ADB is trying to do is to incorporate elements of sustainability in tourism infrastructure,' he said

SIDBI approves Rs 600 cr for industrial cluster development in Maharashtra

These ITIs are generally located near the industry clusters so that after completing their training, tradesmen can for apprenticeship in different industry clusters

Indian MSMEs need to move to Cloud faster amid digital transformation

Employing more than 11 crore people, the MSMEs contribute around 30 per cent to the country's gross domestic product (GDP), and more than half of these MSMEs, running legacy infrastructure

Flipkart Samarth's 'Crafted by Bharat' sale to showcase 100,000 products

Event will have artisans, weavers, people with disabilities and rural and urban women from SHGs. The two-day sale event goes Live on April 15-16, ahead of World Artisan Day

Pressure building on banks to raise lending rates, albeit gradually

Real action only after policy rate revision

Reserve Bank of India nod to banks to open digital banking units

The banking regulator has mandated minimum products and services that banks must offer in these DBUs

Govt extends ECLGS by one year, expands scope for contact-intensive sectors

Eligible borrowers in hospitality and related sectors, except civil aviation, can avail up to 50% of their highest fund based credit outstanding

MSME sector crucial for India's economic progress: PM Narendra Modi

The Union Cabinet approved a World Bank-assisted Rs 6,062 crore funding programme for the small and medium businesses to help improve their access to market and credit

Govt extends ECLGS for MSMEs till Mar 2023; boost for hospitality, aviation

The enhanced limit is subject to a maximum of Rs 200 crore per borrower

Cabinet clears Rs 6,062-crore World Bank-assisted programme for MSMEs

RAMP programme with impacts across the country will directly or indirectly benefit all 6.3 crore enterprises under the MSME category

West Bengal govt holds roadshow in Chennai to promote business summit

The West Bengal government on Monday held a roadshow in Chennai to promote the sixth edition of a state business summit. The roadshow was organised in association with Assocham to highlight the state's unique business opportunities, strategic location advantage and availability of human resource capital with investor-friendly policies. The next edition of the Bengal Global Business Summit will be held on April 20-21. "Around 200 delegates participated in the roadshow and 20 meetings with potential investors were held," the official said. During the outreach programme, a government delegation led by West Bengal Industrial Development Corporation chairman Rajiva Sinha highlighted the potential areas for investments in various sectors such as biotechnology, food processing, mobility, IT & E services, logistics, and ports with traditional industries of tea and jute. The government delegation also pointed out the state's capacity of withstanding the macro-economic shocks due to ...

Micro, small and medium enterprises staring at enduring financial distress

The RBI's guidelines on TReDS categorically state that an invoice has to be accepted by buyers before they can be financed by banks

Rs 54,604-crore ECLGS loans for FY22 guaranteed: Finance ministry

This is down from Rs 1.57 trillion worth of loans guaranteed in 2020-21