Mundra said there are many “strong and logical” reasons to showcase the importance of the MSME sector in strengthening banking industry because big industrial loans have huge problems and banks cannot merely rely on consumer and/or retail loans.
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Tag: Small Industries Development Bank of India
पंजाब: MSMEs को बढ़ावा देने के लिए 3 साल का क्लस्टर इंटरवेशन प्रोग्राम (M-CIP)
लघु उद्योग विकास बैंक ऑफ इंडिया (सिडबी) ने एमएसएमई को सशक्त करने के उद्देश्य से व मेक इन इंडिया पहल को प्रोत्साहित करने के लिए तीन साल के एमएसएमई क्लस्टर इंटरवेशन प्रोग्राम (M-CIP) को शुरु किया। द ट्रिब्यून की एक ख़बर के मुताबिक इस कार्यक्रम के शुरुआती स्वरुप को 30 क्लस्टर्स में लागू किया जाने [&h…
Banks willing to take on SME risk
Even as small businesses across the country go through a bad patch, lenders are willing to take on the risk and give them the support they need, said experts at an interactive panel discussion at the Surge SME Conclave. “The banking industry has exposure of ₹10 lakh crore in the MSME sector and N…
‘Startup India’ to be revamped to woo more participants
Five months after its launch by Prime Minister Narendra Modi, the government’s Startup India initiative is due for an overhaul to improve participation. The government recently held a review after fewer-than expected startups applied for recognition and only one made the final cut for the i…
SMEs take big strides on bourses
Early four years after the equity exchanges launched trading platforms for small and medium enterprises (SMEs), the segment is showing signs of maturity, with institutional entities like banks and mutual funds investing in them. Some of the bigger brokerages, once focussed only on the larger comp…
Start-ups bloom in small-town India
Raipur, Solan and Motihari are not what come to mind when one thinks of start-ups. But 800 start-ups have come up in the past year in Bihar, Chhattisgarh, Himachal Pradesh, Madhya Pradesh and Odisha, creating technology hubs in unlikely towns. Even as e-retail, health, education and payments star…
Government approved Stand Up plan for SC, ST and women entrepreneurs
In a bid to create jobs and promote entrepreneurship, the government had approved Rs 8,000- crore fund that will stand guarantee for loans to new ventures and also announced ‘Stand up India’ scheme for credit facilities to SC, ST and women entrepreneurs at lower rates. While Rs 3,000 …
Government approved Stand Up plan for SC, ST and women entrepreneurs
In a bid to create jobs and promote entrepreneurship, the government had approved Rs 8,000- crore fund that will stand guarantee for loans to new ventures and also announced ‘Stand up India’ scheme for credit facilities to SC, ST and women entrepreneurs at lower rates. While Rs 3,000 …