finance

Surge in MSME Credit Demand Across India

The 59-minute loan approval scheme, launched in November 2018, allows MSMEs to get bank approval for collateral-free loans between Rs 10 lakh and Rs…

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SBI Shifts Lending Strategy

The State Bank of India (SBI) is set to revolutionize its lending approach by transitioning from collateral-based lending to cash-flow-based lending…

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IBBI's Proposed Amendment to Support MSMEs

The Insolvency and Bankruptcy Board of India (IBBI) has proposed an important amendment to the corporate insolvency regulations aimed specifically…

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India Contemplates Financial Aid for Energy-Efficient Technologies in MSMEs

The Indian government is considering a new program to help micro, small, and medium enterprises (MSMEs) adopt energy-efficient technologies.According…

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Government Considers New Bank to Address Credit Gap for MSMEs

The government is exploring the creation of a dedicated bank for direct lending to micro, small, and medium enterprises (MSMEs) to enhance credit access…

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Microfinance Fueling India's Small Businesses

India's vast population of micro, small and medium enterprises (MSMEs) forms the backbone of the nation's economy. However, accessing capital…

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Balancing Act: Navigating the Future of NBFC Lending in India

In recent years, Non-Banking Financial Companies (NBFCs) in India have increasingly relied on historical data and AI-powered algorithms to underwrite…

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SEBI to impose stricter norms for SME listings

India’s market regulator, soon will bring new regulations for public offers of small and medium enterprises (SMEs), after complaints of misuse of a…

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