July 21, 2020 5:01 am
Amazon aims for its Global Selling Programme to reach $10 billion in exports by Indian sellers by 2025.
July 04, 2020 12:27 am
Under the ECLGS scheme, banks are offering up to Rs 3 lakh crore of government-guaranteed loans — an extra 20 per cent of outstanding loans to their MSME borrowers that are non-NPA.
July 02, 2020 4:50 am
The ordinance is yet to be notified or receive the Governor’s assent but the announcement has triggered criticism by the Opposition as well as on social media.
July 02, 2020 12:58 am
The programme will help in improving funding capacity of small finance banks (SFBs) and non-banking financial companies (NBFCs) for the MSME sector.
June 29, 2020 12:03 am
Government should consider widening scope of collateral-free loans to MSMEs.
June 22, 2020 5:09 am
Gujarat and Tamil Nadu received the highest sanctions of `4,156 crore and `4,012 crore, respectively, till June 18, according to government data.
June 18, 2020 12:30 am
Sanction average of Rs 3.75L per borrower to over 8.54L accounts in last fortnight.
June 16, 2020 5:35 pm
As per the directions of the finance ministry, SBI and other banks rolled out the Guaranteed Emergency Credit Line (GECL) loan product to support MSMEs and business enterprises as per the guidelines of NCGTC.
June 16, 2020 4:28 am
The measures announced to help the MSME sector included collateral-free loan, automatic loans backed by government guarantee and updated definitions of MSMEs.
June 09, 2020 12:58 am
78 per cent of the MSMEs are of the view that the government package could have been better, though in terms of financial adequacy, 71 per cent of them said that the quantum was adequate, as per the survey.