MSME

NBFCs seek extension of MSME restructuring scheme till March 2022

NBFCs seek extension of MSME restructuring scheme till March 2022

In February last year, the Reserve Bank had permitted one-time restructuring of existing MSME advances, classified as 'standard' without ...Read More

Government amends insolvency law; introduces pre-packaged resolution process for MSMEs

Government amends insolvency law; introduces pre-packaged resolution process for MSMEs

Seeking to provide a quicker and value-maximising outcome for stressed MSMEs, the government has introduced a pre-packaged resolution pro...Read More

Govt amends IBC, introduces pre-packaged resolution process for MSMEs - Check out new changes here

Govt amends IBC, introduces pre-packaged resolution process for MSMEs - Check out new changes here

Seeking to provide a quicker and value-maximising outcome for stressed MSMEs, the government has introduced a pre-packaged resolution pro...Read More

MSME emerged as growth engine of economy, says RBI Governor Shaktikanta Das

MSME emerged as growth engine of economy, says RBI Governor Shaktikanta Das

The Ministry of Micro, Small and Medium Enterprises (MSME) has emerged as the growth engine of the economy, the sector is showing signs ...Read More

Budget 2021 is about funding the unfunded NBFCs, says HP Singh of Satin Creditcare Network

Budget 2021 is about funding the unfunded NBFCs, says HP Singh of Satin Creditcare Network

Over the course of 2020, all the major reforms were aimed at easing the Covid-19 induced stress of financial institutions by injecting l...Read More

Centre plans E-portal to sell MSME products: Union Minister Nitin Gadkari

Centre plans E-portal to sell MSME products: Union Minister Nitin Gadkari

The Centre is working with State Bank of India to launch an E-portal on the lines of Amazon to facilitate Medium, Small and Micro Enterpr...Read More

Good portfolios are made during bad times; mistakes are made during good times: Aseem Dhru, Founder & CEO of SBFC Finance

Good portfolios are made during bad times; mistakes are made during good times: Aseem Dhru, Founder & CEO of SBFC Finance

MSME-focused SBFC Finance has grown significantly in just three years. Today, the NBFC’s Assets Under Management (AUM) stand at Rs 3,516...Read More

MSMEs, small dealers not to be affected by mandatory 1% cash GST payment rule

MSMEs, small dealers not to be affected by mandatory 1% cash GST payment rule

Small businesses and dealers will not be impacted by the new government rule of paying at least 1 per cent of GST liability in cash as on...Read More

Madhya Pradesh: New policy for outbreak-lockdown to hit MSMEs soon, claims Omprakash Saklecha

Madhya Pradesh: New policy for outbreak-lockdown to hit MSMEs soon, claims Omprakash Saklecha

The Madhya Pradesh government plans to come out with a new industrial policy next month to provide relief to coronavirus-hit micro, small...Read More

Only 1% of Crisil-rated non-MSME companies may opt for one-time debt recast

Only 1% of Crisil-rated non-MSME companies may opt for one-time debt recast

The finding is based on a preliminary analysis of 3,523 Crisil-rated non- micro, small and medium enterprises, the report said. In August...Read More

Madhya Pradesh: CII, state govt organises event on alternate funding for start-ups and MSME

Madhya Pradesh: CII, state govt organises event on alternate funding for start-ups and MSME

With a focus on funding of Start-ups and MSME projects through private equity and venture capital, a virtual workshop is being organisedo...Read More

What competition would mean for MSMEs at COVID-19 times?

What competition would mean for MSMEs at COVID-19 times?

The economic crisis in the wake of the pandemic is changing the business landscape — raising concern about the state of competition in th...Read More

Centre to waive CI on loans up to ‘2cr

Centre to waive CI on loans up to ‘2cr

Money MattersThe endeavour shall be over and above the support of Rs 3.7 lakh crore to MSMEs, Rs 70,000 crore for home loans etc. already...Read More

'No Data Alliance Govt': Sitaram Yechury attacks Modi-led NDA over failure to provide data on COVID-19 impact

'No Data Alliance Govt': Sitaram Yechury attacks Modi-led NDA over failure to provide data on COVID-19 impact

After the several ministers of the ruling government failed to present statistics and key numbers on the impact of COVID-19 in the ongoin...Read More

What is Shop and Establishment Act? Here's how you can register for a shop license

What is Shop and Establishment Act? Here's how you can register for a shop license

The shop licence refers to a type of legal permission that legally allows people to do business in a particular place. If any individual ...Read More

Banks have disbursed close to Rs 1.15 lakh crore to 25 lakh MSME accounts

Banks have disbursed close to Rs 1.15 lakh crore to 25 lakh MSME accounts

Banks have cumulatively disbursed close to Rs 1.15 lakh crore to 24.70 lakh MSME accounts under the Rs 3-lakh crore targeted emergency cr...Read More

All NBFCs can now provide MSMEs loans against dues via TReDS

All NBFCs can now provide MSMEs loans against dues via TReDS

So far only a selected NBFCs and banks were on the platform and could give the discount loans to MSMEs.

Rs 10,000 cr Fund of Funds for MSMEs to be operational soon: SBI Chairman

Rs 10,000 cr Fund of Funds for MSMEs to be operational soon: SBI Chairman

The objective of the Rs 10,000 crore Fund of Funds scheme is to help MSMEs with growth potential at a time when they are facing severe sh...Read More

Small units face migrant workers’ shortage

Small units face migrant workers’ shortage

Despite the labour shortage accelerating a shift to automation, entities in the manufacturing sector will be facing headwinds in the near...Read More

How Amazon is gearing up as Jio Mart hots up competition

How Amazon is gearing up as Jio Mart hots up competition

"We've talked about India many times, but a lot of focus on building that out... what's great about a place - all geographies with a plac...Read More

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