New Delhi [India], Sep 13 (ANI): It is a well- known fact that MSME sector was suffering from dearth of finance, however, current year has given a much needed boost to the MSMEs in India.
New Delhi [India], June 9 (ANI): Government and RBI have been working on empowering MSMEs. After special schemes to support the segment, government also announced allocation of 3lakh crores to MUDRA Bank under the scheme during the budget.
New Delhi [India], May 08 (ANI):Digital lending platform, focusing on micro-credit for the MSME sector, Happy Loans, on Tuesday announced its partnership with PayWorld India, one of the country's largest financial services companies.
New Delhi [India], Apr. 21 (ANI): With an increase in the detection of banking frauds in the recent past, small-scale business entities in the micro, small, and medium-sized enterprise (MSME) sector are now turning to Non-Banking Financial Companies (NBFCs) for their financial needs.
Mumbai (Maharashtra) [India], Apr. 12 (ANI): Digital lending platform focusing on micro-credit for the MSME sector Happy Loans, on Thursday said that it has acquired a Non-Banking Financial Company (NBFC) IFMR Mezzanine Finance Private Limited, to use its own capital to deploy credit.
Mumbai (Maharashtra) [India], Mar 13 (ANI): Digital lending platform focusing on micro-credit for the MSME sector Happy Loans on Tuesday announced its partnership with rural digitisation and commerce optimisation platform, Storeking.
Chennai (Tamil Nadu) [India], Feb 16 (ANI): Indian Overseas Bank on Thursday entered into Trade Receivables Discounting System (TReDS) platform, provided by Receivables Exchange of India Limited (RXIL), to accelerate the credit flow to MSME sector.
New Delhi [India], Jan 24 (ANI): In a bid to strengthen the Micro, Small, and Medium Enterprise (MSME) sector, Aye Finance raised Rs. 40 crore as term loan for better disbursal of loans to this sector.
New Delhi [India], Jan 23 (ANI): With less than ten days left for the Union Budget, the Micro, Small and Medium Enterprise (MSME) sector awaits a much-needed tax relief as well as relaxation of financing norms.
New Delhi [India], Dec 14 (ANI): Union Finance Minister Arun Jaitley on Thursday claimed that India's MSME sector needs more strength, in order to achieve crucial development for the economy.
Bengaluru (Karnataka) [India], Dec 5 (ANI): The Micro, Small and Medium Enterprises (MSME) sector in Tier II and Tier III cities in India are at-par with their counterparts in metros in terms of revenue and growth, according to Bengaluru based on-demand payments firm Instamojo.
New Delhi [India], Apr 25 (ANI): In order to empower the expansion of the Indian MSME sector , Aye Finance is delivering business loans against mortgage or simple hypothecation accessible to India's thriving and underserved MSME sector.