The new MSME-specific framework offers a minimum cybersecurity baseline, complementing July’s sweeping audit mandate for all organisations.
India’s MSMEs face cash flow challenges due to delayed payments and tariffs. The government’s Online Dispute Resolution portal offers a timely solution to resolve payment disputes efficiently
India’s MSMEs approach NBFCs more than banks for loans, given the latter’s nimbler credit underwriting approach
Sanjay Nayar, President of Assocham said that easing credit access, cutting compliance costs and introducing a government-backed skilling programme would help integrate India's MSMEs into global supply chains more effectively.
The Centre has prepared a support package worth Rs 25,000 crore under the Export Promotion Mission, to provide affordable credit, improve market access and cushion from the adverse impact of tariffs.
Veritas Finance provides working capital loans to MSMEs in urban and semi-urban areas as well as other as affordable housing loans, used commercial vehicle loans and small business loans in rural areas, focusing on MSME space
The government may move to open tendering from the nomination-based system to boost competition, encourage MSME participation and indigenisation
Last week, US President Donald Trump announced an additional 25 percent tariff on Indian goods, citing New Delhi’s links with Russia. While the measure is expected to hit 55 percent of India’s exports, the heaviest blow will likely fall on MSMEs in sectors such as gems and jewellery, textiles, and apparel. The move raises pressing questions: can India’s small and medium exporters weather the tariff shock, and are there viable opportunities to redirect trade to alternative markets?
Two & Three-Wheeler Finance AUM declined by 20 percent on-year to Rs 15,703 crore in April-June quarter, from Rs 19,689 crore in a year ago period.
Over 91% of SIDBI’s Rs 4.96 lakh crore loan book is through banks and NBFCs, helping it post Rs 4,811 crore profit in FY25 with zero net NPAs. Despite growing profits and income, rising borrowing costs squeezed margins, but low risks kept returns stable.
Medium enterprises have grown cautious in borrowing and prefer internal accruals over bank loans for business.
The NITI Aayog report said 97% of the registered MSMEs in India are micro enterprises, 2.7% are small, and only 0.3% are medium enterprises. However, this miniscule pocket of medium enterprises contributes nearly 40% of the total MSME exports.
The auditors flagged the company’s decision not to retrospectively adjust previous financials for expected credit loss (ECL) provisions to the tune of Rs 1,864.91 crore, citing impracticability.
Karnataka’s Industries and Commerce Department will with the help of a consultant soon draft a new policy that charts a roadmap for the sector benchmarked to domestic and international standards.
Even before tariff-related uncertainty worsened economic outlook, MSMEs witnessed a slowdown in sales growth last. Trump tariffs will have both a direct impact and an indirect one on the segment. To help them, the government, in addition to its ongoing tariff negotiation with the US, needs to address issues undermining competitiveness
Finance Minister Sitharaman said scaling up manufacturing is essential to absorb India's young workforce, reduce import dependencies and build competitive global supply chains.
The levies have hit small and medium Indian shipments of textiles, carpets, automobile parts, marine products, furniture, and steel and aluminium particularly hard, nearly a dozen Indian exporters, companies and port operators told Moneycontrol.
Electronics, garments, machinery and precious stones—key MSME-exporting sectors—may require government support as new US tariffs ripple through global trade
Since life insurance penetration is four times higher than health insurance, this opens a massive new market for secured, low-interest loans, says Hanut Mehta
The world views India as a growth centre amid growing uncertainties, the Prime Minister said
Credit push of the budget comes when lenders and banking regulator are growing increasingly uneasy towards MSMEs
The government has raised investment limit for MSMEs by 2.5 times and the turnover limit by 2 times
Customised credit cards with a limit of Rs 5 lakhs to be issued to micro enterprises registered on Udyam Portal; There are currently 7.5 crore people employed under MSME, contributing 36 percent to manufacturing and 45 percent to exports
The scheme also provides a repayment period of up to eight years, with a two-year moratorium for loans up to Rs 50 crore. To further strengthen MSME credit access, the government aims to facilitate Rs 7 lakh crore in cumulative guarantees over the next four years.
BFL 3.0 aims to meet the financial needs of its 200 million customers by integrating AI technology across all operations, the management said