The Trade Receivables Discounting System (TReDS) proposed by the RBI is expected to provide much-needed liquidity to Micro, Small and Medium Enterprises (MSMEs). Lack of adequate working capital has been a major issue for MSMEs. Institutional lenders are typically obsessed with immovable collater…
Tag: SME ratings
MSE interest subsidy can triple indirect taxes: CRISIL
New Delhi: An interest rate subsidy of Rs 1 crore to Micro and Small Enterprises (MSEs) can generate nearly thrice as much in indirect taxes, create 38 jobs, and also increase revenue and profitability of MSEs in the near-term, an analysis by CRISIL SME Ratings said here on January 24. Putting it…
Diversification makes MSMEs more attractive for lenders: CRISIL
Diversification of business model — by geographical reach, product range, and customer base — carries a lot of weight in credit risk assessments. So a well-diversified MSME will have a credit-quality edge over peers with concentrated businesses. CRISIL’s analysis of the financials of over 1,000 M…
Crisil grants grade to K.P. Energy
CRISIL Research has assigned CRISIL SME fundamental grade ‘3/5’ (pronounced ‘SME three on five’) to K.P. Energy Ltd (KPEL). The grade indicates that the fundamentals of the company are ‘good’ relative to other SMEs in India. However, it is not an opinion on whether the issue price is appropriate …