Search For "msme"
How these platforms are creating a difference by empowering the MSME secto
Updated : 7 years, 9 months ago IST
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.
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RBI announces key regulatory policies
Updated : 7 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 6 (ANI): The Reserve Bank of India (RBI) on Wednesday announced its bi-monthly monetary policy statement, highlighting a hike in repo rate and reverse repo rate to 6.25 and 6 percent respectively.
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President gives nod to ordinance treating home buyers as creditors
Updated : 7 years, 9 months ago IST
New Delhi [India], Jun 6 (ANI): President Ram Nath Kovind on Wednesday gave his assent to promulgate the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018, providing significant relief to home buyers by recognising their status as financial creditors.
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CoinTribe raises USD 10 Mn from Sabre Partners and existing investors
Updated : 7 years, 9 months ago IST
New Delhi [India], June 1 (ANI): India's leading credit based lending marketplace for MSMEs, CoinTribe on Friday announced raising over USD 10 million equity capital in Series-B round led by Sabre Partners along with participation from existing investor, Puneet Dalmia.
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Faster loan approvals with Cash Suvidha Android application
Updated : 7 years, 10 months ago IST
New Delhi [India], May 31 (ANI): Cash Suvidha, a fast propelling fintech company extending business loans to SMEs, MSMEs, startups, and women entrepreneurs across India, has announced the launch of its new Android application to provide easy lending services on the go.
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Fin Min ensures ease of doing business for MSMEs
Updated : 7 years, 10 months ago IST
New Delhi [India], May 31 (ANI): A notification was introduced recently in the Goods and Services Tax Network (GSTN) system by the Ministry of Finance to address problems received from trade associations which have hindered sanction of refund of Integrated Goods and Service Tax (IGST) paid o
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Exports to touch USD 350 billion during 2018-19
Updated : 7 years, 10 months ago IST
New Delhi [India], May 29 (ANI): President of the Federation of Indian Export Organisations (FIEO), Ganesh Kumar Gupta on Tuesday suggested that Indian exports, which were hovering around the USD 300 billion mark, should exhibit a 15-20 percent growth so as to reach the USD 350 billion mark
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Aye Finance disburses 60,000 loans to MSMEs
Updated : 7 years, 10 months ago IST
New Delhi [India], May 26 (ANI): Aye Finance has emerged as a leading MSME lender in India. Incepted in the year 2014 with a vision to leverage technology in resolving the challenges encountered by MSMEs in accessing business funding, the Gurgaon-headquartered FinTech lender has disbursed 60
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Lendingkart Finance disburses 25,000 loans to MSMEs across 1000 Indian cit
Updated : 7 years, 10 months ago IST
Ahmedabad (Gujarat) [India], May 24 (ANI): Lendingkart Finance Limited, one of the leading Non-Banking Financial Companies (NBFCs) in the MSME financing space and part of Lendingkart Group, has expanded its reach to 1000 cities in India.
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SBI says Aye once again, extends over Rs 30 Cr in debt to MSME lender
Updated : 7 years, 10 months ago IST
New Delhi [India], May 14 (ANI): Leading fintech lender to the MSMEs, Aye Finance, has raised over Rs. 30 crore from the State Bank of India (SBI), the largest Public Sector Undertaking (PSU) bank in India.
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Centre to double credit guarantee to MSMEs
Updated : 7 years, 10 months ago IST
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
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Happy Loans partners with PayWorld India
Updated : 7 years, 10 months ago IST
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.
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