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    • Expanded scope of TReDS will improve flow of working capital credit to small businesses

      The RBI has allowed insurance companies as the fourth participant on TReDS, in addition to MSMEs, buyers and financiers.

    • Not all are bullish on the revamped MSME credit guarantee scheme

      Industry experts have given a mixed reaction to the extra Rs 9,000-crore capital allocation to the corpus to revamped credit guarantee scheme for MSMEs.

    • Emergency credit guarantee scheme helped save 14.6 lakh MSMEs: Report

      In terms of people, ECLGS saved the livelihood of at least 6.6 crore people, the report said.

    • PM Modi launches Aspirational Block Programme, asks chief secretaries to end 'mindless compliances'

      At a time when India is initiating unparalleled reforms, there is no scope for overregulation and mindless restrictions, PM Modi tweeted

    • COVID-19 impact | MSMEs to be worst-hit by economic contraction: CRISIL

      The worst-hit by this economic contraction would be the micro-enterprises, which contribute 32 percent of the MSME debt

    • Centre mulls stimulus package for MSMEs: Report

      The stimulus package, being reviewed by the Prime Minister’s Office (PMO) may include up to 3 percent additional interest subsidies. Once the fiscal and structural changes get the PMO's nod, the Cabinet will review it.

    • Recapitalisation of all PSU banks was need of the hour: SBI

      The cabinet has cleared a mega Rs 2.11 lakh crore bank recapitalisation plan, of this Rs 1.35 lakh crores will come via special bonds while the rest will come in via budgetary and market support. In an interview to CNBC-TV18, Rajnish Kumar, Chairman, State Bank of India shared his views and outlook on the same.

    • Going formal: How the government is trying to widen India's tax base

      The government is trying to put an end to the informal sector by promoting cashless transactions and digitisation. With the Finance Bill, it puts a cap on the value of a single cash transaction at Rs 2 lakh.

    • Demonetisation impact: Smaller MSMEs see big shift from cash to e-payments, says Crisil

      The survey, which covered more than 1,100 MSMEs between November 24 and December 24, found that almost half of the MSMEs with annual revenue of Rs 2 crore or less saw a substantial shift away from cash transactions.

    • SBI NPA problem contained but need to watch out for MSMEs: Pro

      Due to the recent ban on Rs 500 and Rs 1000 currency notes to curb counterfieting and crack down on black money, Agarwalla says MSMEs' business will be severly hurt and could lead to slippages.

    • Govt has framework to address bad loans of MSMEs: Minister

      The Centre has created a framework for revival and rehabilitation of MSMEs, which account for nearly half of the non-performing assets (NPAs) of banks from the industry sector, Union Minister Kalraj Mishra said today.

    • SIDBI targets 10% loan disbursement growth in FY'14

      Small Industries Development Bank of India (SIDBI) said that it expected a 10 percent growth in loan disbursements in FY14 at Rs 44,000 crore.

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