finance

MSMEs Can Strengthen Finances Through Registration, Digital Payments: RBI

Micro, Small, and Medium Enterprises (MSMEs) can improve their financial stability and credibility by registering formally, keeping precise financial…

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Public Sector Banks to Introduce MSME Credit Model

Public Sector Banks (PSBs) are gearing up to implement a new credit risk assessment model tailored for micro, small, and medium enterprises (MSMEs)…

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Government Unveils ₹1,000 Crore Interest Subsidy Scheme

The Ministry of Power is preparing to launch a ₹1,000 crore interest subvention scheme focused on encouraging energy efficiency within Micro, Small,…

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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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