MSMEs in the country face a lot of challenges such as limited market access, ability to expand beyond their regional reach; a lack of knowledge about legal and regulatory compliance requirements; limited access to technology, hiring and retaining a...
NBFC the Non-Banking financial companies have grown considerably in the India financial system alongside with mainstream Banks and leading organizations. This has happened over time with efficiency and diversity in terms of products, services, asset quality and strong regulatory...
Key Takeaways from CRISIL Ratings:
The agency said upgrade was due to domestic demand in auto components and food products, while infrastructure companies were helped by a sustained capex push from the government.
The downgrade rate increased from...
Our country is growing in terms of having a great MSME (small & medium sized organization) to support our vibrant economy which is contributing to the nations GDP. The growth increased from 65,64,458 in 2019 to 1,30,19,919 in 2022.
The...
The MSME sector is one of the most promising sector in the Indian
market and beyond. Many businesses that were traditionally established
are slowly finding their way into the MSME sector as this sector has a
lot to offer for everyone operating...
The government announced creation of ‘Distressed Assets Fund- - Subordinate Debt for Stressed MSMEs’ on 13th May 2020, under the Aatma Nirbhar Bharat Package.
Accordingly, a scheme viz Credit Guarantee Scheme for Subordinate Debt’ was approved by the Government on...
MSMEs that frame the foundation of India’s development story is credit compelled and need sufficient assets to get by in an aggressive Ecosystem As indicated by a report by International Finance Corporation, just 21.5% SMEs approach fund from banks...
The year 2018 has come up with the catalog of true news for the MSMEs badly impacted by using the results of Demonetisation & GST. The largest announcements for the MSME zone in 2018 was the ‘59 minute’ PSB...
Currently, GST has a complex multi-price structure with 5 tax slabs (1%, 5%, 12%, 18%, and 28%). In November 2017, GST rate turned into slashed from 28% to 18% on over 170 objects, followed via a reducing of the...
Currently, there are More than 50 million SMEs exist in our country India. The SME sector has developed powerfully by contributing 40% of the nation's exports and generating millions of occupations every year.
The SME sector has a great deal...
The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....
