INTERACTIVE MEETING WITH PRESIDENT, CODISSIA
M. KarthiKeyan – President, The Coimbatore District Small Industries Association (CODISSIA) with Mr. Chaandrakant Salunkhe – Founder & President, SME…
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SBI fuels PSU Banks’ profit surge to record ₹1.78 lakh crores in FY 25; contributes 40% alone
SBI posted a consolidated net profit of ₹77,561 crores (approximately $9.2 billion) in FY 25. According to Bloomberg data, this…
New credit cover for MSMEs may be extended to select services
The Indian Government is exploring extending its Mutual Credit Guarantee Scheme for MSMEs to specific services sectors that support local…
Bank loan sanctions to MSMEs for job creation down nearly a third in FY 25
Bank loans sanctioned to MSMEs increased in FY 22 in the wake of the covid-19 pandemic and continued to increase…
Ministry of Finance Year Ender 2024: Department of Financial Services
Department of Financial Services (DFS), Ministry of Finance organized a colloquium of Chairpersons of Debt Recovery Appellate Tribunals (DRATs) and…
Govt. gearing up for 3rd electronics manufacturing cluster in U.P.
The UP Govt. has already announced electronics manufacturing clusters along Yamuna Expressway and at Greater Noida. After announcing electronics manufacturing…
Saarathi Finance raises ₹475 crores to boost MSME lending in rural India
TVS Capital, Lok Capital and others back newly licensed NBFC to expand credit access for underserved MSMEs in semi-urban and…
India must increase labor productivity to become a developed nation, says Niti Aayog’s Suman Bery
The ‘Viksit Bharat’ vision entails becoming a high-income society that empowers citizens to realize their potential and aspirations, for which…
Why India needs a homegrown AI model for its MSME sector
India’s MSME ecosystem has unique features that call for a customized approach. There is a growing consensus that India must…
FM, Sitharaman lauds fintechs for boosting digital infrastructure, empowering small businesses and welfare delivery
Finance Minister, Nirmala Sitharaman praised India’s fintech sector for enhancing digital public infrastructure and enabling inclusive financial services for merchants…