Page 7 - Sme Companies

25% micro credit customers graduated to SMEs since Covid: Bandhan Bank MD

Ghosh says bank is looking to increase branch count to 8,000 nationally from the current 5,640

Existing players will join once penetration crosses single digits: ONDC CEO

In a Q&A, T Koshy, dwells on the network's national road map, challenges in onboarding small retailers, and the value proposition for customers

Simpolo raises $66 million from Motilal Oswal and India SME-managed fund

Simpolo group said that it would aim to use the funds to increase the market share and grow penetration in the market, both domestic and international

EnKash: Powering India's SMEs and start-ups with a suite of corporate cards

The firm currently has a user base of 100,000 enterprises and processes transactions worth about Rs 28,000 cr a year

SME IPOs are outliers this year despite a sharp sell-off in the market

The stock prices of 47 companies that have listed on SME bourses this year are up 32 per cent on average

Our cost of funds is the lowest in the industry: Mintifi CEO Anup Agarwal

In a Q&A, Minitifi's co-founder and CEO Anup Agarwal talks about how it has enabled distributors and retailers to increase sales

SME EPC road contractors face shrinking margins as input costs spike

However, national highway projects are typically executed by large contractors, with only a small proportion sub-contracted to SMEs

Vahak raises $14mn in series A round led by Nexus Venture Partners

Deal takes total fundraise to $20 mn; Vahak is a free-to-use, open marketplace for shippers and transport SMEs to discover and connect with truckers to help with their transportation needs

Fintech platfrom FidyPay partners Yes Bank to push financial inclusion

As part of the alliance, FidyPay will be enabling a seamless connected banking experience to Yes Bank's customers, it said in a release

SMEs' mop up from public share sales jumps 4x to Rs 965 cr in FY22

The amount is still far lower than the record Rs 2,213 crore mopped up in FY18 and Rs 1,620 crore collected in FY19

Bank of Maharashtra to divest entire 4% stake in ISARC for nearly Rs 4 cr

The bank's 4 per cent stake, equivalent to 40,00,000 equity shares, will be sold at Rs 9.80 per share for a cash consideration for Rs 3.92 crore, it said

Anicut Capital: The 'dam' of funds that is helping SMEs drive growth

The firm handles two debt funds and an angel fund, and has assets under management of about Rs 1,500 crore

BSE SME market capitalisation crosses Rs 50,000-crore mark for first time

At present, 359 companies are listed on the BSE SME platform

NSE sees 100th firm migration from SME patform to main-board

The exchange's SME Platform -- EMERGE -- was launched in 2012 and has been providing a viable and sustainable option for SMEs to raise funds from the capital markets

Recovery in regular treatments to boost SME hospitals in FY22: CRISIL

Small and medium enterprises (SMEs), which account for 60-65 per cent of the health care delivery market, stand to benefit

SME Chatroom: General bond can be furnished for warehousing imported goods

Business Standard brings you the fortnightly Q&A on SMEs

This SME shipping company stock has zoomed 68% in three days

Knowledge Marine has declared L1 bidder by the Visakhapatnam Port Trust for the tender of supply, manning, operation of high-speed patrol boat with 15 knots speed on hire basis for a period of 3 years

SME Chatroom: 'RoSCTL claims must be filed within the stipulated deadlines'

There is no provision of late cut under RoSCTL

Indian banks will be able to withstand rising asset risks, says Moody's

The rating agency in a statement said that banks' improved profitability, capital and loss buffers will help them absorb anticipated loan losses and maintain credit strength

Bombay Stock Exchange aims at 60 SME platform listing in 2021-22

Bombay Stock Exchange is aiming at listing some 60 companies on the SME platform this fiscal backed by the ongoing bull run in the market and relaxation in eligibility criteria, a BSE official said