Page 8 - Msmes

Banks draw up plans to help exporters navigate 50% Trump tariff threat

The 50 per cent tariffs, which come into effect from August 27, have prompted officials to take proactive measures to mitigate the impact, said senior bankers

A time to handhold: Lenders must support MSMEs as tariff woes rise

As MSME tariff woes increase, lenders have to work closely with smaller industries, even as demand for a lifeline grows, reports Raghu Mohan

Karnataka Bank aims ₹85K cr loan book by March 2026 as operations stabilise

After stabilising operations, Karnataka Bank aims to expand its loan book beyond Rs 85,000 crore by March 2026 with growth led by retail, agriculture and MSME lending

Finance ministry asks PSBs to broaden credit focus amid tariff woes

"PSBs have been told to focus on credit growth across loan sizes, especially in core engineering, manufacturing, agriculture, MSMEs, and startups," the official said

PM Modi unveils GST reforms with tax cuts, two-slab structure plan

PM Modi announced "next generation" GST reforms to lower taxes on essentials, simplify rates to two slabs, and ease compliance, with the GST Council to take up proposals soon

Karnataka Assembly passes bills to simplify real estate use for MSMEs

The Karnataka assembly on Wednesday passed nine bills, including Karnataka Land Reforms and Certain Other Law (Amendment) Bill. Revenue Minister Krishna Byre Gowda, who piloted the Karnataka Land Reforms and Certain Other Law (Amendment) Bill for the consideration of the House said, "There will be auto-conversion." It permits the use of up to two acres of agricultural land for new micro, small, and medium enterprises (MSMEs) without the need for a formal conversion process. The bill also proposes doing away with conversion of agricultural lands if they are used for renewable energy projects. It proposes a penalty of Rs 1 lakh for selling any agricultural land for nonagricultural purposes, without getting such land converted or without obtaining prior approval of the competent authority. It has therefore removed a three-year imprisonment clause, because so far, this violation carried an imprisonment for three years and fine of Rs 10,000. The Assembly also passed the Registration .

The role of TReDS is set to go up significantly: M1xchange's Mohindru

Sundeep Mohindru, founder-director of M1xchange, interacted with Raghu Mohan via email on the issues facing MSMEs

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

Trump trade tariffs: MCA planning to ease compliance burden for MSMEs

"We are looking at it very seriously and taking inputs from the MSME ministry as well," a government source said

Donald Trump tariff impact: Banks likely to tighten lending to MSMEs

Experts say 25% US tariff could render export-oriented firms uncompetitive

We are reviewing Prez Trump's 25% tariff, committed to fair trade deal: GoI

The commerce ministry said the Indian government remains committed to a fair trade deal and will take all necessary steps to protect national interests

Since 2014, 340 million people got jobs in MSMEs: Manjhi in Rajya Sabha

More than 34 crore people have got jobs since 2014 in micro and medium enterprises through the Udyam and Udyam Assist portals, Union Minister Jitan Ram Manjhi informed the Rajya Sabha on Monday. The Minister of Micro, Small and Medium Enterprises gave the information while responding to supplementaries. He said there is no dearth of money, and small workers are getting financial assistance under various schemes. For Instance, he said, under the PM Vishwakarma Yojna, people such as cobblers and salon workers have received money. Manjhi also spoke on promoting digital upgrade and adopting artificial intelligence in MSMEs in Haryana to enhance productivity and competitiveness. "IndiaAI mission has been divided into seven pillars, such as IndiaAI Compute Capacity, IndiaAI Innovation Center, IndiaAI Application Development Initiative, IndiaAI Startup Financing, IndiaAI FutureSkills, IndiaAI Dataset Platform, and Safe & Trusted AI. "We have been working under these pillars for the ...

Climate risks may impact biz segment consisting largely of MSMEs: DG Rao

RBI Deputy Governor M Rajeshwar Rao highlights that climate risks will impact MSMEs, unorganised sectors, and unlisted corporates, stressing the need for awareness and risk assessments

Shiprocket launches multimodal AI model for MSMEs and D2C businesses

E-commerce enablement platform Shiprocket on Friday launched a multimodal AI engine, Shunya.ai, for MSMEs and D2C businesses. The AI stack is developed to support multilingual commerce, regional customer experiences, and scalable automation, the company said in a statement. "Developed in partnership with Ultrasafe Inc. through a joint venture, Shunya.ai brings together voice, text, and image intelligence in 9-plus Indian languages, built, trained, and hosted entirely within India. The platform is set to reach over 1 lakh MSMEs within the first year, driving time and cost savings across cataloguing, marketing, fulfilment, and customer engagement workflows," it said. With this launch, Shiprocket looks to tap into India's USD 1 trillion MSME economy and growing digital commerce opportunity, projected to reach USD 350 billion by 2030. MSMEs account for over 30 per cent of the country's Gross Value Added (GVA). Shunya.ai, trained on Indian commerce data, is hosted entirely within the ..

UPI leads digital shift as 48% MSMEs use it for business transactions

A new report shows nearly half of MSMEs now prefer UPI for transactions, highlighting a major shift towards digital tools to boost efficiency and income across small businesses

RBI bars lenders from charging pre-payment fees on MSE, individual loans

RBI bans pre-payment charges on floating-rate loans for individuals and MSEs from Jan 2026. The move aims at ensuring fair lending practices and improving access to affordable finance

TReDS platform RXIL crosses ₹2 trn MSME invoice financing milestone

TReDS platform Receivables Exchange of India Ltd (RXIL), a joint venture promoted by SIDBI and NSE, along with State Bank of India, ICICI Bank, and Yes Bank, has crossed the milestone of Rs 2 lakh crore MSME invoice financing. The RXIL TReDS platform has facilitated financing worth Rs 80,500 crore in FY25 alone, with over 44,000 MSMEs registered across 1,600 postal codes. The growth was driven by strong participation from stakeholders and continued support from the government and regulators, RXIL said in a statement. By ensuring direct settlement of MSME invoice payments and expanding reach across geographies, RXIL is fostering financial inclusion and enhancing supply chain finance efficiency for corporates, CPSEs, and PSUs, it said. Regulated by the Reserve Bank of India (RBI), RXIL has enabled MSMEs to access working capital by discounting over 88.5 lakh invoices through a fully-digital, infrastructure-backed platform, driving a surge in MSME registrations, it said. Greater ...

Boosting growth: Integrate MSMEs and e-commerce to surge GDP globally

To close the GDP gap with China, MSMEs, e-commerce, states, logistics growth, and the private sector must work synergistically, with time-bound targets and rewards

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

Most AI tools 'hallucinate'; not meant for Indian MSMEs : Vexoo Labs

Most artificial intelligence systems suffer from the flaw of 'hallucination' and are not meant for India's small enterprises in manufacturing sector, deep-tech company Vexoo Labs has said and claimed its AI solutions are for the "real world". "The focus on factual accuracy is both rare and crucial," said Ajay Kumar, Senior Business Leader, AI Evangelist and a Board Advisor at Vexoo Labs. He said most AI tools today are built for showcase, not for reliability. In the industrial alleys of Rajkot, the looms of Tiruppur, and the machining units of Coimbatore, India's small and mid-sized manufacturers are facing a silent crisis, he noted. "It's not rising input costs or labour shortages alone - it's the growing complexity of data, and the absence of any reliable AI system to help make sense of it," Kumar told PTI on the sidelines of Super AI, a mega exhibition and conference held June 18-19. According to Kumar, despite the global boom in artificial intelligence, "most systems on the .