Micro Entrepreneurs
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Lack Of Updated MSME Data Hampering Timely Funds Disbursal
One of the biggest roadblocks in providing adequate and timely funds to MSMEs is the non-availability of reliable and consolidated data about them
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Loans Worth Rs 15 Lakh Crore Sanctioned Under Mudra Scheme In 6 Years: Centre
Government has sanctioned loans amounting Rs 15.5 lakh crore under its flagship Pradhan Mantri Mudra Yojana ever since its inception in April 2015.
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Indian Bank's 'MSME 'Prerana' Launched In Maharashtra: All You Need To Know
The bank's MSME Prerana' is launched with an objective to develop the financial and managerial capabilities of the MSME entrepreneurs, apart from creating awareness on government initiatives
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Government Runs Many Schemes For Small And Medium Units. Read On To Know About Them
MSME Schemes: Government has launched several schemes to boost the micro, small and medium enterprises sector as it drives employment.
-
RBI Cautions Government Over Spike In Bad Loans Under Mudra Scheme: Report
The RBI has said that the spike in NPAs under the Pradhan Mantri Mudra scheme has taken the bad loans to Rs 11,000 crore. The Mudra scheme was launched on April 8, 2015. Under the scheme, banks are required to finance micro and small entrepreneurs for up to Rs 10 lakh.
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Five Fintech Firms That Offer Loans To Micro Entrepreneurs
CoinTribe is a SME lending focused marketplace that provides quick and easy, collateral free loans to small businesses with annual turnover between Rs 1-100 crore.
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Mudra Loan: Small Scale Borrowers Can Avail Funds Up To Rs 10 Lakh
Pradhan Mantri Mudra Yojana was launched by the Prime Minister Narendra Modi on April 8, 2015, for providing loans of up to Rs. 10 lakh to the non-corporate business units
-
Corporate Tax Should Be Reduced To 25%, Say Entrepreneurs
For new investments, government should give investment allowance, says C S Goel, Vice President, Federation of Indian Micro and Small and Medium Enterprises.
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Minister VK Singh's Reason Why Indians Do Well Abroad
The people who go abroad do well due to low interest rates on loans which help them to take forward their ideas and opportunities, Minister of State for External Affairs VK Singh said today.
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PM Modi To Launch National SC/ST Hub On October 18
Prime Minister Narendra Modi will unveil key initiatives and a hub to provide support to entrepreneurs from the SC/ST community in Ludhiana on next Tuesday. The Prime Minister will also launch zero defect, zero effect (on environment) (ZED) scheme, distribute charkhas to women and present national awards to outstanding micro, small and medium enter...
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Lending to MSMEs Makes Strong Business Sense: Rajan
Reserve Bank of India Governor Raghuram Rajan on Tuesday said lending to micro, small and medium enterprises' (MSME) entrepreneurs, particularly in the e-commerce space, makes a strong business sense for banks given the changing dynamics of the economy.
-
Bank of Maharashtra, Mudra Seal Pact to Finance Small Businesses
Bank of Maharashtra and Mudra Bank have signed an agreement to finance new entrepreneurs and small businesses.
-
PM Modi Launches Rs 20,000 Crore Mudra Bank: Highlights
Prime Minister Narendra Modi on Wednesday launched MUDRA Bank, or the Micro Units Development and Refinance Agency Bank, which will provide credit of up to Rs 10 lakh to small entrepreneurs and act as a regulator for 'micro-finance institutions (MFIs).
-
PM Modi to Launch MUDRA Bank Tomorrow
The roles envisaged for MUDRA include laying down policy guidelines for micro enterprise financing business and registration of MFI entities as well as their accreditation and rating.
-
SKS Microfinance completes Rs 80.81 crore securitisation deal
According to a press release issued SKS Microfinance, the deal involved downloading receivables from micro loans extended to 100,850 rural women entrepreneurs through a Special Purpose Vehicle whose Pass Through Certificates (PTCs) have been purchased by a major private sector bank.
-
Lack Of Updated MSME Data Hampering Timely Funds Disbursal
One of the biggest roadblocks in providing adequate and timely funds to MSMEs is the non-availability of reliable and consolidated data about them
-
Loans Worth Rs 15 Lakh Crore Sanctioned Under Mudra Scheme In 6 Years: Centre
Government has sanctioned loans amounting Rs 15.5 lakh crore under its flagship Pradhan Mantri Mudra Yojana ever since its inception in April 2015.
-
Indian Bank's 'MSME 'Prerana' Launched In Maharashtra: All You Need To Know
The bank's MSME Prerana' is launched with an objective to develop the financial and managerial capabilities of the MSME entrepreneurs, apart from creating awareness on government initiatives
-
Government Runs Many Schemes For Small And Medium Units. Read On To Know About Them
MSME Schemes: Government has launched several schemes to boost the micro, small and medium enterprises sector as it drives employment.
-
RBI Cautions Government Over Spike In Bad Loans Under Mudra Scheme: Report
The RBI has said that the spike in NPAs under the Pradhan Mantri Mudra scheme has taken the bad loans to Rs 11,000 crore. The Mudra scheme was launched on April 8, 2015. Under the scheme, banks are required to finance micro and small entrepreneurs for up to Rs 10 lakh.
-
Five Fintech Firms That Offer Loans To Micro Entrepreneurs
CoinTribe is a SME lending focused marketplace that provides quick and easy, collateral free loans to small businesses with annual turnover between Rs 1-100 crore.
-
Mudra Loan: Small Scale Borrowers Can Avail Funds Up To Rs 10 Lakh
Pradhan Mantri Mudra Yojana was launched by the Prime Minister Narendra Modi on April 8, 2015, for providing loans of up to Rs. 10 lakh to the non-corporate business units
-
Corporate Tax Should Be Reduced To 25%, Say Entrepreneurs
For new investments, government should give investment allowance, says C S Goel, Vice President, Federation of Indian Micro and Small and Medium Enterprises.
-
Minister VK Singh's Reason Why Indians Do Well Abroad
The people who go abroad do well due to low interest rates on loans which help them to take forward their ideas and opportunities, Minister of State for External Affairs VK Singh said today.
-
PM Modi To Launch National SC/ST Hub On October 18
Prime Minister Narendra Modi will unveil key initiatives and a hub to provide support to entrepreneurs from the SC/ST community in Ludhiana on next Tuesday. The Prime Minister will also launch zero defect, zero effect (on environment) (ZED) scheme, distribute charkhas to women and present national awards to outstanding micro, small and medium enter...
-
Lending to MSMEs Makes Strong Business Sense: Rajan
Reserve Bank of India Governor Raghuram Rajan on Tuesday said lending to micro, small and medium enterprises' (MSME) entrepreneurs, particularly in the e-commerce space, makes a strong business sense for banks given the changing dynamics of the economy.
-
Bank of Maharashtra, Mudra Seal Pact to Finance Small Businesses
Bank of Maharashtra and Mudra Bank have signed an agreement to finance new entrepreneurs and small businesses.
-
PM Modi Launches Rs 20,000 Crore Mudra Bank: Highlights
Prime Minister Narendra Modi on Wednesday launched MUDRA Bank, or the Micro Units Development and Refinance Agency Bank, which will provide credit of up to Rs 10 lakh to small entrepreneurs and act as a regulator for 'micro-finance institutions (MFIs).
-
PM Modi to Launch MUDRA Bank Tomorrow
The roles envisaged for MUDRA include laying down policy guidelines for micro enterprise financing business and registration of MFI entities as well as their accreditation and rating.
-
SKS Microfinance completes Rs 80.81 crore securitisation deal
According to a press release issued SKS Microfinance, the deal involved downloading receivables from micro loans extended to 100,850 rural women entrepreneurs through a Special Purpose Vehicle whose Pass Through Certificates (PTCs) have been purchased by a major private sector bank.
