Page 4 - Msme

Retail loan growth will continue to remain far from encouraging for banks

Retail loan growth at 9.1 per cent for February 12 fortnight is the weakest so far; Nifty Bank index is up 60 per cent in six months

Jio to offer services at lower tariffs for MSMBs; eyes 50 mn MSMB customers

Telecom operator Reliance Jio on Tuesday said it will offer broadband services to the Micro, Small and Medium Businesses (MSMBs) at lower tariffs.

Amazon, eBay make recommendations to govt for foreign trade policy

Recommendations have been made to the government for a differentiated policy framework for e-commerce in the revised Foreign Trade Policy (FTP) which is expected to come into effect from April 1, 2021

MSME emerged as growth engine of economy, showing revival: RBI Governor

The sector has been rendered vulnerable by the pandemic necessitating concerted effected effects to combat the stress and focus on the revival of the sector

Big is beautiful in India?

Excessive focus on the biggest Indian companies could be counterproductive for employment generation

BS Annual Awards 2020: Stellar jury picks the best 7 of India Inc

Seven of India Inc's leading decision-makers, who have themselves reimagined their businesses successfully many times, met virtually to select the winners

May need to reverse Rs 800 cr in interest income: YES Bank's Prashant Kumar

A back-of-the-envelope calculation says interest reversal will be to the tune of Rs 700-800 crore in that particular quarter, says Kumar

Centre plans e-portal to sell MSME products: Union Minister Nitin Gadkari

The Centre is working with State Bank of India to launch an E-portal on the lines of Amazon to facilitate Medium, Small and Micro Enterprises to sell their products, Transport & MSME Minister Nitin Gadkari said here on Wednesday.

MSME loans doubled during CM Adityanath's rule, says UP government

Loans disbursed to the MSME sector have doubled during the rule of BJP government led by Chief Minister Yogi Adityanath, a govt spokesperson said

Are wives more resilient than their husbands in business leadership?

Malavika Hegde of Cafe Coffee Day joins a small league of wives who have gone on to rewrite the future of their companies after the untimely demise of their husbands. What accounts for their tenacity?

Banks sanctioned Rs 2 trn loans to MSMEs for Covid-19 impact: FM Sitharaman

Banks sanctioned loans worth Rs 2 trillion to about 81 lakh accounts under the Rs 3-lakh crore Emergency Credit Line Guarantee Scheme for the MSME sector that was impacted by Covid, Sitharaman said

India has huge potential, it's a destination for a good investment: Gadkari

Minister of Micro, Small and Medium Enterprises minister Nitin Gadkari said India was a destination with huge potential for attractive investments and urged people to invest in MSMEs in the country

Amazon, CII partner to bring e-commerce to small enterprises in 10 states

Amazon.in and CII will work closely with the Ministry of MSME to enable lakhs of MSMEs across these states to leverage technology to reach customers in India and globally

IIT KGP devices AI-based system to inspect quality of MSME goods

The portable Artificial Intelligence-based device is for automatic inspection of goods manufactured in MSMEs

Paytm waives charges on merchant transactions; to absorb MDR of Rs 600 cr

This is to support micro, small and medium enterprises (MSMEs) during the ongoing pandemic the company said.

Yes Bank aims to disburse Rs 10,000 cr retail, MSME loans in Dec quarter

Yes Bank also aims to open up to 1 lakh fresh accounts every month by leveraging technology

Small business activity fast reaching near-normal levels: Report

Business activity of MSMEs - which are regarded as the backbone of economy - is fast reaching near-normal levels, and rapidly adopting digital tools to drive efficiency and growth, says a report

Indian Bank Q2 net at Rs 412 crore versus Rs 1,755 cr loss a year ago

Lender expect credit growth to be 8-10 % this fiscal

Banks can deploy on-tap TLTRO funds in agriculture, retail and MSMEs: RBI

Liquidity availed by banks under the scheme has to be deployed in corporate bonds, commercial paper and non-convertible debentures issued by the entities in specific sectors

Post lockdown, UP infused Rs 26,000 cr working capital to one million MSMEs

State seeks to benefit 2 million MSMEs, create eight million jobs in current fiscal