Search For "working capital loan"
Operative Kisan Credit Card (KCC) amount crosses Rs10 lakh cr benefiting 7
Updated : 1 year, 3 months ago IST
This indicates significant increase in quantum of affordable working capital loans provided to the farmers for agriculture and allied activities. This is reflection of credit deepening in agriculture and reduced dependency on non-institutional credit.
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NHC Foods Announces Rs. 47.42 Crore Rights Issue; Declares Robust Q2 Resul
Updated : 1 year, 6 months ago IST
Mumbai (Maharashtra) [India], November 26: Mumbai-based NHC Foods Limited, a leading exporter of agricultural commodities and spices, announced its Rs. 47.42 crore Rights Issue. Proceeds from the Rights Issue will be used to enhance working capital and repay secured working capital loans, th
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PM SVANidhi achieves target of covering 50 lakh street vendors
Updated : 2 years, 7 months ago IST
The scheme, launched on June 1, 2020, is a micro credit scheme for urban street vendors that aims to provide collateral-free working capital loans up to Rs 50,000. Under the scheme regular repayments are incentivized with a 7 per cent interest subsidy and digital transactions are rewarded wi
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PM SVANidhi: Over Rs 4,600 crore disbursed in past two years, 45 lakh bene
Updated : 3 years, 4 months ago IST
In June 2020, the Union Ministry of Housing and Urban Affairs (MoHUA) launched PM Street Vendor's AtmaNirbhar Nidhi (PM SVANidhi) scheme to facilitate collateral-free working capital loans upto Rs 10,000 of one-year tenure to street vendors to restart their businesses, which were adversely i
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India's bank credit growth expected to remain positive, says CareEdge repo
Updated : 3 years, 10 months ago IST
New Delhi [India], July 5 (ANI): The outlook for India's bank credit growth, which has witnessed modest growth in recent years, is expected to remain positive due to slew of factors such as economic expansion, rise in government and private capital expenditure, rising commodity prices, imple
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Paisabazaar closes its largest working capital loan of Rs. 4.5 Crore
Updated : 4 years ago IST
Gurgaon (Haryana) [India], May 25 (ANI/NewsVoir): Paisabazaar, India's largest digital marketplace for consumer credit, announced today that it has closed its largest working capital loan of Rs 4.5 crore. The working capital loan, sourced through the Paisabazaar platform, was disbursed by Ax
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Street vendors given Rs 3119 crore collateral free loans
Updated : 4 years, 2 months ago IST
New Delhi [India], March 21 (ANI): Street vendors have been given Rs 3119 crore collateral-free working capital loans under PM SVANidhi Scheme to restart their businesses adversely impacted during the COVID-19 pandemic, Union Minister of State for Housing & Urban Affairs Kaushal Kishore
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Kinara Capital introduces collateral-free short-term working capital loan
Updated : 4 years, 4 months ago IST
Bangalore (Karnataka) [India], January 27 (ANI/NewsVoir): Kinara Capital, a fast-growing fintech propelling financial inclusion, today introduced a Short-Term Working Capital loan option for its current MSME customers. Available in the range of INR 50,000 to INR 2 Lakhs with rapid turnaround
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Over 26 lakh beneficiaries availed loans under PM Street Vendors' Scheme
Updated : 4 years, 5 months ago IST
New Delhi [India], December 6 (ANI): A total of 26,37,266 beneficiaries have availed working capital loan under the Prime Minister Street Vendor's Atma Nirbhar Nidhi (PM SVANidhi) Scheme.
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Flipkart adds benefits for sellers under growth programme
Updated : 5 years ago IST
Bengaluru (Karnataka) [India], May 27 (ANI): Flipkart said on Thursday it has expanded benefits under a seller financing programme to support business continuity and growth.
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Get a hassle-free unsecured Working Capital Loan up to Rs 45 lakh from Baj
Updated : 5 years ago IST
Pune (Maharashtra) [India], May 4 (ANI/NewsVoir): Working capital is the difference between one's current assets and current liabilities, and it is the fuel that keeps a business running. If one's working capital levels go low, then one's business operations could grind to a standstill.
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Delhi police arrests man for swindling Rs 276 lakh from Corporation Bank
Updated : 5 years, 5 months ago IST
New Delhi [India], December 19 (ANI): Delhi Police has arrested a person named Bhuvanesh Kharbanda on the complaint of Corporation Bank for allegedly swindling a sum of Rs 276 lakhs on the pretext of availing a working capital loan.
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