Chandigarh [India], September 17 (ANI): The Punjab Cabinet, led by Punjab Chief Minister Captain Amarinder Singh, on Friday approved the Punjab Micro and Small Enterprises Facilitation Councils Rules, 2021 under the Micro Small and Medium Enterprises Development (MSMED) Act, 2006, to faci
New Delhi [India], Mar 25 (ANI): The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved Rs 1,340 crore recapitalisation of regional rural banks to improve their capital to risk-weighted assets ratio.
Chennai (Tamil Nadu) [India], Oct 10 (ANI): Government-owned Indian Overseas Bank (IOB) on Thursday announced a reduction in its interest rate for the retail segment (housing, vehicle, education and clean loans) as well as micro and small enterprises by 25 basis points.
New Delhi [India], May 11 (ANI): In a bid to tackle trade finance woes of micro, small and medium enterprises (MSMEs), the Union Government announced that it would double the credit guarantee up to Rs 50,000 crore for 2018-19 under the Credit Guarantee Fund Trust for Micro and Small Enter
New Delhi [India], Feb 4 (ANI): Finance Minister Arun Jaitley has launched CriSidEx, India's first sentiment index for micro and small enterprises (MSEs) developed jointly by credit rating body CRISIL and Small Industries Development Bank of India (SIDBI) here.
New Delhi [India], Jan 19 (ANI): Among India's largest assisted wallet Payworld on Friday announced disbursing loans of Rs. 10 crores to the Micro and Small enterprises (SME), within three months of partnership with Non-Banking Financial Companies (NBFC) and digital lending platforms like Ca
New Delhi [India], July 12 (ANI): Aye Finance, the Gurgaon based NBFC that delivers affordable loans to the Indian micro and small enterprises, has raised funds by selling a part of its loan portfolio to Hinduja Leyland Finance.
New Delhi [India], June 5 (ANI): Innovative finance company providing business loans to small and micro enterprises across India Aye Finance on Monday announced disbursal of Rs. 200 crore in loans to 18,000 micro and small enterprises in India, since its inception in 2014.