Search For "working capital loans"
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, 8 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, 11 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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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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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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ECGC raises insurance cover for banks up to 90 pc for working capital loan
Updated : 6 years, 8 months ago IST
New Delhi [India], Sept 16 (ANI): The Central government has enhanced insurance cover for banks up to 90 per cent for working capital loans and moderation in premium incidence for the micro, small and medium enterprises (MSMEs) sector.
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Aye Finance empowers 100,000 Indian Micro Businesses
Updated : 7 years, 5 months ago IST
New Delhi [India], Jan 7 (ANI): Fintech lender, Aye Finance on Monday said that it has provided working capital loans to over 100,000 micro businesses for enabling of growth.
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Lendingkart to offer working capital loans to 1000 SMEs in Gujarat
Updated : 8 years, 9 months ago IST
New Delhi [India], Apr 19 (ANI): Online platform that facilitates SMEs in obtaining working capital loans through its NBFC's Lendingkart Finance on Wednesday disbursed loans to over 1000 SMEs in the state of Gujarat.
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Wydr offers easy access to working capital loans to its associate retailer
Updated : 8 years, 9 months ago IST
New Delhi [India], Oct 4 (ANI): Wydr enters into strategic partnership for preferential rates with multiple online lending companies such as Lendingkart, CapitalFloat, Indifi and Flexiloans. These partnerships are aimed at offering easy and collateral-free working capital loan to the retaile
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Lendingkart, Unicommerce tie-up to facilitate easy loans to SME customers
Updated : 8 years, 9 months ago IST
New Delhi [India], Aug 29 (ANI): Lendingkart Group has announced a strategic partnership with Unicommerce, the Delhi-based multichannel order fulfillment platform to enable Unicommerce's consumer base to get access to collateral-free working capital loans through Lendingkart Group'
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