PM Modi announced a slew of measures, including sanctioning of loans of up to Rs 1 crore to small and medium enterprises in 59 minutes, through a spec...
Ex. RBI Chief, Raghuram Rajan Warns for an NPA Threat from MSME Loans Through SIDBI Schemes
Quoting a 17-page note to the Parliamentary Estimates Committee, Raghuram Rajan said both the MUDRA loans as well as the Kisan Credit Card, while popu...
Bajaj Finserv to Offer Collateral-Free Loans to SMEs
With this service, Bajaj Finserv gives them the opportunity to maximize their growth potential as most of the small business aren’t able to realize th...
Bank of Baroda Sings up with SIDBI for MSME Loans
BOB has signed a Memorandum of Understanding (MoU) with SIDBI to support various initiatives of SIDBI, with an objective of working together to streng...
Stand Up India Benefitted 55 Thousand MSMEs
The number of loans given by Public Sector, Private and Regional Banks under the Stand-up India Scheme are 51,888, 2,445, and 1,009 respectively up to...
Happy Loans Disbursed 20 Cr of MSME Loans Covering Entire India
Happy Loans provide credit to micro-entrepreneurs from Rs 2000 to Rs 100,000.
Crying Entrepreneur and PNB-Scam, Two Extremes of Country’s Banking Struggle
We can also leverage the social fabric of the country in understanding borrowers. Big data offers such level of screening which can allow someone to s...
MSME Funding Index
Funding is a major area for a smooth and successful business operations. MSMEs usually consider this as a sensitive area for discussion and often stru...
Cash Suvidha Emerges as a Financial Lifeline for Indian Entrepreneurs
Cash Suvidha is leveraging technology for authentication and credit assessment by increasingly turning our lending platform into an online automated s...
RBI Working on Easing Out the Process for MSME Loans: SS Mundra
RBI is thinking about putting MSME in one bracket is a big misnomer, they are as different as chalk and cheese. "Probably every lender has to think ab...