Tag: SME News

SIDBI to broaden scope of MSME lending portal Udyamimitra

Mumbai:  SIDBI plans to broaden and deepen its scope of lending to small and medium businesses by upgrading its lending portal Udyamimitra. The upgraded portal will put in place a digital financial market place for micro, small and medium enterprises (MSMEs) to leverage the pr…

Three months on, GST now good for small traders

New Delhi: India announced a significant revamp of the goods and services tax (GST) regime three months after it was rolled out, addressing key complaints, especially those of small-scale industry and exporters.  The GST Council raised the composition scheme threshold to Rs 1 crore from Rs 7…

SAP ‘Leonardo’ to help Indian SMEs join digital economy: President & MD

Mumbai: With the digital India initiative firmly in place, enterprise solutions provider SAP is ready to not only enable the integration of small and medium enterprises (SMEs) into the digital economy but also help big firms bolster their networks to derive competitive advantage, a top company ex…

Tata Capital & Capital Float join hands to fund small businesses

Tata Capital has entered into an agreement with Capital Float to provide Working Capital Loans to financially under-served Small & Medium Enterprises (SMEs) in India. Tata Capital will be co-lending on Capital Float’s digital lending platform and through this relationship, both the companies …