Tag: MSME

RBI taking steps to improve credit to MSMEs | Dy. Governor Mundra

The Reserve Bank of India is taking a number of steps to ensure timely credit availability as also improving cash flow to the Micro, Small and Medium Enterprises (MSMEs), which stand as the beacon of hope in an otherwise difficult economic environment. Addressing the Bankers’- Borrowers int…

Commerce Ministry wants priority sector status for export credit

The Commerce Ministry will seek priority sector status for export credit and focus on a revival of Special Economic Zones (SEZs), as it has identified six areas to prop up outbound shipments in goods, which contracted for a 15th straight month through February. Following the first meeting of a re…

RBI may revamp agriculture & MSE lending to spur employment

RBI looks to improve ease of doing business for SMEs & Startups

The Reserve Bank of India (RBI) on April 05, 2016 said it will lay down a framework by September 2016 for accreditation of credit counselors who can act as facilitators for entrepreneurs to access the formal financial system with greater ease and flexibility. Presenting the first Bi-monthly Monet…

Scotland keen to attract Indian SMEs | Scottish Development International

In efforts to attract Small & Medium Enterprises (SMEs) from India, Scotland is firming up a focussed programme. Discussions have been initiated with the concerned, says the Scottish Development International (SDI). Scotland has a strong culture of innovation, academic excellence and a conduc…

IndiaMART Celebrates 20 years of its mission of empowering SMEs

Marking the completion of 20 years of its mission of empowering millions of SMEs and MSMEs in doing business, IndiaMART, the largest online marketplace connecting buyers and sellers observed April first as Maker’s Day. To mark it as an official MSME day, IndiaMART’s brand ambassador, …