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Sunday, December 22, 2024

Finance

State Bank of India Launches SME Digital Business Loans

State Bank of India (SBI), the nation’s largest bank, has launched ‘SME Digital Business Loans’. This move is aimed at revolutionizing MSME lending by offering a digital loan journey with a sanction turnaround time of up to 45 minutes....

GST Woes for MSMEs: A Crucial Election Issue

The rollout of the Goods and Services Tax (GST) over six years ago under Prime Minister Narendra Modi's administration has left a lasting impact on India's economic landscape, particularly among micro, small, and medium enterprises (MSMEs). As the nation...

Business Loans 2.0: Transformative Trends in MSME Financing

The emergence of digital lenders has significantly reshaped the way Micro, Small, and Medium Enterprises (MSMEs) secure business loans for their operations. The transition from traditional banking to online platforms has not only accelerated the loan application process but...

Business and Technology: Every Company’s Tech Transformation

In the rapidly evolving landscape of business and technology, one undeniable truth is emerging: every company will eventually become a tech company. Gone are the days when technology was confined to the IT department; it has now become an...

G20 MSME Financing Plan: Empowering Small Businesses

Micro, Small, and Medium-sized Enterprises (MSMEs) are the lifeblood of economies around the world. As of 2023, there are over 633.9 lakh MSMEs in India.  These businesses contribute significantly to employment, economic growth, and innovation. However, they often face...

MSMEs in India: Growth, Performance, and Influential Factors

In the vast canvas of India's economy, there exists a dynamic and vital force known as Micro, Small, and Medium Enterprises (MSMEs). These small but mighty entities are the unsung heroes of the nation's economic story, driving growth, creating...

International MSME day to highlight India’s MSME era

International MSME Day celebrates all fellow startup founders, business owners, and micro businesses to acknowledge their helping hand towards the country and making the globe a better place to live. Micro, Small, and Medium ventures have grown tremendously since...

MSME Insurance Coverage is Low; Safety Net for Micro Entrepreneurs is Salient

Insurance coverage in the MSME segment is way behind and standalone MSME’s and SME’s require insurance coverage as a safety net for their business to withstand business risk and remain resilient to unannounced dangers that often hamper running business...

Non-Banking Financial Companies (NBFCs) Growing Importance in Economic Growth of India

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...

India’s First Solutions-Focused Report for MSME Delayed Payments Launched

Global Alliance for Mass Entrepreneurship (GAME) and C2FO (Collaborative Cash Flow Optimization) jointly released The Delayed Payments Report 2.0 titled 'Imagining Solutions to Unlock Working Capital for MSMEs'. This was released by the Chief Economic Advisor to the Government...
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GeM Partnership with Sikkim: Boosting Digital Procurement Across India

The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....
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