Search For "msme credit"
Govt. promotes Credit Guarantee Scheme for MSMEs to empower first-generati
Updated : 8 months, 1 week ago IST
The Ministry of Micro, Small & Medium Enterprises (MSME), Government of India, is actively promoting the Credit Guarantee Scheme for Micro & Small Enterprises (CGTMSE) to empower first-generation entrepreneurs and foster self-employment opportunities.
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MSME Credit Cards a game changer, but streamline loan disbursement for gra
Updated : 1 year, 1 month ago IST
One of the most significant announcements is the issuance of 10 lakh credit cards to micro-enterprises, each with a limit of Rs 5 lakh. Industry leaders believe this move will enhance financial inclusion and ease liquidity challenges for small businesses.
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Union Budget 2024-25: Sitharaman proposes Rs 100 crore credit guarantee sc
Updated : 1 year, 7 months ago IST
The fund will facilitate term loans to MSMEs for purchase of machinery and equipment without collateral or third-party guarantees, Sitharaman said.
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Klub teams up with U GRO Capital to aid INR 150 crores funding to bridge t
Updated : 1 year, 10 months ago IST
Bangalore (Karnataka) [India], April 18: Klub, Asia's leading Revenue based Financing platform, today announced that it has partnered with U GRO Capital, a leading DataTech NBFC focused on MSME lending, to disburse INR 150 crores aimed at bridging the credit gap for Micro, Small, and Medium
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CRISIL Ratings upgrades U GRO Capital Limited's rating to CRISIL A/Stable
Updated : 1 year, 11 months ago IST
Mumbai (Maharashtra) [India], March 20: U GRO Capital, a leading DataTech NBFC focused on MSME lending marks a milestone as CRISIL Ratings upgraded its long-term rating on bank loans and non-convertible debentures to 'CRISIL A/Stable' from 'CRISIL A-/Positive', affirming the short-term ra
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Centre's ECLG scheme saved 12 pc of outstanding MSME credit from slipping
Updated : 3 years, 1 month ago IST
The Emergency Credit Line Guarantee Scheme (ECLGS) was launched in May 2020 as part of Aatmanirbhar Bharat initiative to support eligible Micro, Small and Medium Enterprises (MSMEs) and business enterprises
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Fintech Kinara Capital secures INR 380 Cr in Equity, led by Nuveen
Updated : 3 years, 10 months ago IST
Bengaluru (Karnataka) [India] April 19 (ANI/BusinessWire India): Kinara Capital, India's fast-growing MSME fintech, closed a fresh equity round of INR 380 crores led by Nuveen, a leading global investment manager with over USD 1.3 trillion of assets under management, with participation from
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Prest Loans and U GRO Capital join hands to solve the MSME credit gap in T
Updated : 4 years, 7 months ago IST
New Delhi, (Delhi), [India], July 28 (ANI/NewsVoir): Delhi based, MSME focused, digital lender Prest Loans (www.prestloans.com) has signed up a strategic alliance agreement with Mumbai based U GRO Capital (www.ugrocapital.com), a BSE listed technology enabled NBFC, to provide secured busines
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MSME credit declines by 6 pc in Q1 on Covid-19 impact: Motilal Oswal
Updated : 5 years, 5 months ago IST
Mumbai (Maharashtra) [India], Oct 14 (ANI): Total credit to micro, small and medium enterprises (MSMEs) in the country declined 6 per cent year-on-year in the first quarter of current fiscal year and 3.4 per cent quarter-on-quarter, Motilal Oswal Financial Services said on Wednesday.
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How you can grow your enterprise with a business loan from Bajaj Finserv
Updated : 2 years, 4 months ago IST
Pune (Maharashtra) [India], Nov 6 (ANI/BusinessWire India): According to The Economic Times, MSME credit amounts to around 35 per cent of the total credit exposure to all businesses.
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