Non-Banking Finance Companies (NBFC) have consistently demonstrated lowest TAT compared to other lender categories, and their TAT has reduced from 24 ...
Ensuring ‘Suvidha’ for Loan- Seeker: Cash Suvidha
The idea behind Cash Suvidha is not just about serving the unserved market but also to create a system of strong screening yet easy and fast for ensur...
Bengal is a Bank Funding Success Story: Amit Mitra
Bengal Commerce and Industry Minister Amit Mitra has said that state had largest bank funding in the Micro, Small, and Medium Enterprises (MSMEs). KOL...
MSMEs Needs Rs 45 Lakh Cr as Mid term Loan, 5.15 Lakh Cr as Near Term Loan: Study
Total credit demand for MSME sector stands at Rs 45 lakh crore over medium term: ASSOCHAM-Crisil study. Sector needs to mobilise Rs 5.15 lakh crore to...
Bandhan Bank Opens 700th Branch
Kolkata, 8 AUGUST 2016: Bandhan Bank opened eight new bank branches taking its total branch network to 700 in the country. Out of these eight newly op...
WTC to promote MUDRA Yojna for MSMEs of Goa to Uplift Microfinance, Financial Inclusion
With an objective to provide micro finances to MSMEs in Goa, World Trade Centre (WTC) organised an event ‘Microfinance: A game changer for financial i...
SIDBI Allocates ₹1,000 Crore as Fund for Startups
Small Industries Development Bank of India (SIDBI) has allocated ₹1,000 crore fund which will now be distributed among 30 venture capital firms, throu...
RBI Issued Detailed Guidelines to Banks for MSMEs: Giriraj Singh
The Reserve Bank of India (RBI) has issued detailed guidelines to all scheduled commercial banks on lending to micro, small and medium enterprises (MS...