Page 8 - Msme

UP govt to tie up with eBay for giving MSME exports an e-commerce push

Contract to be signed in next few weeks; deals with Alibaba, Flipkart are also in the pipeline

Govt's bid to provide employment via MSME jobs portal fails to take off

The ministry of micro, small and medium enterprises (MSME) has begun an investigation into why placements through the portal have not picked up, sources said

Retail loans set to double to Rs 96 trn in next 5 yrs: ICICI-CRISIL report

Apart from this, the regulatory and legislative measures taken by the government in the past few years have propelled growth in low-cost housing loans

Rajasthan govt to launch farmer welfare fund of Rs 1,000 cr on December 17

The IM Shakti (Indira Mahila Shakti) Yojana dedicated to women empowerment will also be launched on this occasion. Chief Minister Ashok Gehlot has given a budget of Rs 1,000 crore for this scheme.

State-owned banks to help small businesses with loans in month-long drive

Banks will also consider requests from MSMEs for restructuring their stressed standard assets

Miles to go as financial inclusion has only scratched surface: TRIBE CEO

Tech is helping extend credit to the MSME sector

UP posts 100% growth in MSME sector; project count hits 14 mn: Export panel

At present, the MSME sector contributes 65 per cent of the state's annual industrial output and is the second biggest employer after agriculture

MSME plays key role in becoming $5 trillion economy, says Union minister

He said earlier Indian companies used to export material and import finished goods due to lack of technology availability

SMEs can call out big companies for dues, thanks to a tweak in IBC

Information utility National e-governance Services (NeSL) will now make public the names of companies which default on payments

Tamil Nadu govt attracted Rs 5,541-crore investments from MSME sector

Chairman of CII Tamil Nadu council S Chandramohan said the trade body has been taking initiatives to support MSMEs' growth

Walmart boosts local MSME sourcing ahead of Diwali, shuns plastic packaging

Firm claims it is sourcing a range of food items and traditional handicrafts made in UP, apart from goods from Jaipur, Panipat, Sholapur and Ahmedabad

BSE joins hands with Ficci to enhance MSME and start-up environment

The MSMEs were invited to present their summary of ideas and suggestions as well as discuss their main issues of concern to the ministry

Govt plans to constitute working group on proposed new industrial policy

The DPIIT had initiated the process of formulation of a new industrial policy in May 2017

As NPA resolution crawls, banks stare at spike in credit cost: India Rating

Icra said material incremental NPA generation for fiscal 2020 and 2021 may come from the agriculture and MSME sectors

SBI to use repo rate as benchmark to price MSME, retail loans from Oct 1

Also, link pricing credit to Medium units to the repo rate

Repo rate to be external benchmark for floating rate loans from Oct 1: SBI

The bank has also extended the external benchmark-based lending to medium enterprises, to boost lending to the MSME sector as a whole

Highlights: GST Council announces steps to help tourism, trade

GST council meeting Live updates: All eyes are on GST council's meeting in Goa after the government announced slashing corporate taxes.

UP to tie-up with Bank of Baroda for MSME funding, plans venture fund

Yogi govt may soon sign MoU with the PSU bank, Sidbi and some NBFCs to facilitate easy funding for small- and medium-sized units

Loan 'melas' are back: PSBs to hold credit meets in 400 districts, says FM

Stressed MSME assets will not be labelled NPAs till March 31, 2020

Loan rates will come down

Over time, banks will be forced to either offer lower tenure fixed deposits or longer tenure floating deposits