Former Karnataka Minister urges Modi to help MSME sector
His demand came in the light of the Centre announcing a slew of measures to revive the economy.
Alibaba-like MSME marketplace soon: Nitin Gadkari
Bharat Craft to provide direct interface between buyers & sellers, turnover target of about...
FM Nirmala Sitharaman to meet CEOs of PSU banks on Monday
The meeting is expected to review fund flow to stressed NBFC and MSME (micro, small...
Indian Overseas Bank decides to link retail and MSME loans to repo rate
All the new loans under the retail segment and micro and small enterprises categories will be offered with Repo Linked Lending Rate (RLLR) only.
Finance Minister Sitharaman to meet CEOs of PSU banks on Oct 14
The meeting is expected to review fund flow to stressed NBFC and MSME (micro, small and medium enterprises) sectors, sources said.
Nitin Gadkari asks MSMES to enlist on stock exchanges
He urged PHD Chamber and entrepreneurs to contribute to the government’s “Waste to Wealth” mission.
Indian Bank to link retail & MSME loans to RBI's repo rate from October 1
The RBI has mandated all banks to link their loans with external benchmarks, such as repo, aimed at faster transmission of rate cuts effected by it to consumers.
More MSMEs must get listed to fund growth, says Nitin Gadkari
Such a move would allow the companies to get funds to expand their business globally, bringing in more revenue for the country, while investors will get good returns on their investment, he said .
Govt asks banks not to declare any stressed MSME as NPA till March 2020
In a major relief for micro, small and medium enterprises (MSME), Finance Minister Nirmala Sitharaman on Thursday announced that stressed MS...
No stressed MSME loan to be declared NPA till March 2020: FM Nirmala Sitharaman
She said banks have identified some NBFCs that they can lend to so that liquidity and credit is made available to those seeking money.
Reviewing 59-minute loan scheme to boost efficiency: Nitin Gadkari
The minister also said a policy was being formulated to reduce imports by increasing use of technology for benefit of micro, small and medium enterprises (MSMEs).
Rajnath urges defence industry to come forward, says not worried about potential corruption charges
Speaking at the India International Security Expo here, Singh said India cannot remain dependent on imported weapons for long and that it did not align with the country's plans to become a superpower.
MSME portal to be launched soon: Gadkari
Like what Alibaba has done to China's growth and Amazon in the US, India has also decided to have a portal dedicated to the MSME sector, the minister said.
MSME Scheme: Helping small businesses scale through Micro & Small Enterprises Cluster Development Programme
The program helps develop MSME clusters which would help individual MSMEs to build and develop their business by reaping the benefits of being a part of an industrial cluster.
Banks to launch first phase of customer outreach loan initiative on Oct 3
The second phase will be in 150 districts and will be held between October 21 and October 25, just before Diwali, sources said.
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