Page 21 - Msmes

Banks sanction Rs 75,000-cr loans to MSMEs under credit guarantee scheme

The scheme is the biggest fiscal component of the Rs 20-trillion Aatmanirbhar Bharat Abhiyan package

Now local businesses can hop on Rapido to deliver products to customers

The bike-taxi unicorn aims to leverage its 15 lakh registered riders present in close to 100 cities to ensure timely and safe delivery methods in times of Covid-19

Credit growth will come from retail, MSMEs: SS Mallikarjuna Rao, PNB MD

"MSMEs are working hard to come back to normalcy. We expect a robust comeback from them in October, particularly in some sectors"

Banarasi paan, Barabanki handloom, other exclusive UP products to get GI tag

Among other prospective goods for GI tagging are Banarasi Langra, Adamchini rice, Ram Nagar baigan, Barabanki handloom, Muzaffarnagar jaggery, Agra leather footwear, and Baghpat handloom

How three MSMEs turned the coronavirus challenge into an opportunity

Many people running MSMEs fear that the support offered by the government might not be enough, while many others are tweaking their business models - basically trying to do more with less

MSMEs, have we got your back?

Covid-19 has forced MSMEs to become more flexible to withstand the headwinds. But their stress pre-dates the pandemic

Coronavirus impact: SBI goes virtual to reach out to its customers

The country's largest bank kept about 22,000 branches and 60,000 ATMs running during the lockdown

India coronavirus dispatch: Railway coaches redesigned for Covid patients

Rural India the new viral flash point, how cases are being reported, anti-inflammatory steroid touted as new treatment-roundup of news in Indian publications on how India is dealing with Covid-19

PSBs disburse Rs 16,031 cr loan to MSMEs under emergency credit scheme

On May 21, the Cabinet had approved additional funding of up to Rs 3 trillion at a concessional rate of 9.25 per cent through ECLGS for the MSME sector

Top headlines: Tata Motors scouting for partner, no lockdown in Delhi

From Sebi to discuss Franklin move to wind-up business, Airtel Payments Bank rolling out accounts for MSMEs to IndiGo confident of working at 50% capacity, here are the top headlines of the day

Banking system is in a Catch-22 situation: Indian Bank's Padmaja Chunduru

Indian Bank has 450,000 MSME customers who are eligible for loans guaranteed by the government.

Widen MSME scheme ambit: Private lenders to FM Nirmala Sitharaman

Govt likely to issue clarification to add more borrowers under ECLGS

Covid-19 impact: Snack industry may be served revenue loss of Rs 35,000 cr

Sweets and namkeen (snacks) manufacturers have reduced the production capacity due to the shortage of labourers in the midst of a slowdown and health concerns

GDP contraction poses threat to MSMEs, govt support of little help: Report

The contraction may also lead to a 15% fall in corporate India's revenues

Bharti Axa General Insurance premium income up 38% to Rs 3,157 cr in FY20

Commercial lines segment focused on SME and MSME to grow by 49% at Rs 430 crore in the year ended March 31 against Rs 289 crore in the corresponding fiscal a year earlier

Covid-19 impact: 42% start-ups, small biz out of funds or in shutdown stage

Only 16 per cent of start-ups and SMEs have the cash to survive for more than three months

Walmart hand-holds small Indian firms reinventing themselves amid pandemic

As the Coronavirus outbreak hits small enterprises, many of them are pivoting businesses to tap new opportunities in the post-Covid-19 world

PSBs disburse Rs 14,691 cr to MSMEs under credit guarantee scheme

Public sector banks (PSBs) have sanctioned loans worth Rs 29,490.81 crore under the 100 per cent ECLGS for the Micro, Small & Medium Enterprises (MSME) sector starting June 1

Dues of Central, state govts much higher than official estimates: MSMEs

Claim outstanding amount at Rs 2-3 trillion; SAMADHAN hasn't helped much

FM holds review meeting on Rs 3 trillion credit guarantee scheme for MSMEs

The scheme is the biggest fiscal component of the Rs 20-million Self-Reliant India Mission package announced by Sitharaman last month