finance

MSMEs’ claims worth Rs 700 cr settled: Fin Secy

The Union government has successfully resolved 43,904 claims totaling Rs 700 crore under the Vivad se Vishwas II scheme, aimed at settling contractual…

Red Fort Capital Launches Invoice Discounting Solution to Boost MSME Working Capital

Red Fort Capital Finance Company, an NBFC lender to small businesses, has introduced an invoice discounting solution to assist MSMEs in managing working…

MSME Loans: The Key to Unlocking Your Business

Micro, Small, and Medium Enterprise (MSME) loans, are specialized financial products offered by banks and Non-Banking Financial Companies (NBFCs) to…

Udyam Assist Platform: 1 Crore SMEs Access Priority Sector Loans

The number of Informal Micro Enterprises (IMEs) not covered under the Goods and Services Tax (GST) regime, registering for the Udyam certificate through…

Surge in Bank Funding and Government Initiatives Facilitate Access to Affordable Credit

In September, scheduled commercial banks increased their deployment of funds to micro, small, and medium enterprises (MSMEs) under priority sector…

The Udyogini Scheme for Women Entrepreneurs

The Indian government in 2021 with the intention of encouraging female entrepreneurship and giving them the confidence to start their own companies…

HSBC and NeSL Revolutionize Bank Guarantee Procedures

In place of the conventional paper-based bank guarantee procedure, HSBC  has introduced online bank guarantee services in collaboration with National…

Pradhan Mantri Mudra Loan Scheme Benefits Women Entrepreneurs

The Pradhan Mantri Mudra Yojana for Women Entrepreneurs

The Pradhan Mantri Mudra Yojana is a Government initiative that was launched in 2015…