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Sunday, April 20, 2025

Finance

Why should Banks step up lending to SME sector?

MSME segment has risen as an exceptionally lively and dynamic area of the Indian economy. The sector contributes around 8% of India's GDP, 40 % of the exports and 46% of the manufacturing output. The development in the manufacturing...

Nitin Ghadkari’s New MSME Credit Scheme Plans for the employment growth

MSME Credit Scheme: The Micro, Small and Medium Enterprises (MSMEs) contribute 29 percent to India’s GDP and generate employment possibilities for over 100 million individuals. If the CII survey is to be believed the field has created essentially the...

Why Developing SME Financing in India is vital to decrease Debt Gap?

A developing economy along with India witnesses a chief role played by the Small and Medium Enterprises (SMEs), which are vital to the overall development of the country. According to the reputable data gathered with the aid of the...

Easy Access to Credit: Challenges Confronted by MSMEs

When it involves contributing to the economic system – Micro, Small and Medium Enterprises’ (MSMEs) – boast of big capacity, each in the context of the technology of employment opportunities and contribution to GDP. They are providing extent of...

Financial Plan for MSMEs-Fund raising and Personal finance

A proper financial plan suggests us precisely how the preferences we make these days will affect our destiny Small Business proprietors are often so busy with daily enterprise responsibilities, that they forget both their commercial enterprise’s financial planning needs as...

MSME funding Schemes for Technology upgradation in the business

MSMEs plays a crucial element in the economy. The government gives diverse schemes for marketers to reinforce their commercial enterprise and development, notably by using adopting new technologies. Here are 5 technology upgradation schemes offered with the aid of the...

Small Ventures & huge Opportunities – How loan is accessible for everyone

Today, millions of micro, small and medium-sized Entrepreneurs (MSMEs) function in India. The ability of this segment is growing speedily, expanding digital infrastructure and the e-trade revolution shaping Indian customer behavior. However, the world still appears manner beneath its...

Will GST Composition carry an effective relief for the Service Providers of India?

The tax department has provided service Industries with a turnover of as much as Rs 50 lakh times until April 30 to opt for the composition scheme and pay 6% Goods and services tax (GST). Valid Date: The choice to pay...

How P2P lending will boost SME sector in India

P2P Lending platforms would be treated as Non-Banking Financial Companies and regulated by Reserve Bank of India. The revolution of the internet served via the development of the sharing economic system has gradually and definitely modified the way we...

The Impact of RBI’s recommended secured Lending Rate on Banking Sector Revenues and MSMEs

Banks were much worried approximately how RBI’s proposed the use of external benchmarks to secure lending fees of retail/non-public loans and loans to micro and small organizations will affect their sales. But State Bank of India (SBI)’s pass to...

Latest News

Odisha Hosts PM Vishwakarma, SC-ST Hub Conclave

In a significant move to strengthen the MSME ecosystem in Eastern India, the Ministry of Micro, Small and Medium...