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2 mins read
Bajaj Finance’s quarterly earnings may not reflect the real potential for rebound after Sitharaman’s big push for MSME
The COVID-19 pandemic has wreaked havoc on Bajaj Finance’s share price, plundering it by nearly 60%…
4 mins read
Kerala Finance Minister believes in just one economic stimulus — vaccines
A lot of states have been releasing their own stimulus packages to compensate for the strict lockdo…
2 mins read
The proposed new definition of MSME will make 90% of Indifi’s borrowers ‘micro’, says CEO
Finance Minister Nirmala Sitharaman on May 13 said that the definition of micro, small and medium e…
4 mins read
Finance Minister Nirmala Sitharaman announces six measures for the MSME sector
The six measures for the Micro, Small and Medium Enterprises (MSME) include collateral-free loan…
1 min read
ICC demands higher interest subvention on loans for MSMEs to boost employment generation
Since a key agenda of the interest subvention scheme for these enterprises is to get them on-b…
PTI
2 mins read
Here’s why India's biggest hotel chain operator, a large car maker and airline would like to lose 'elite' tag
Having said that, Finance Minister Nirmala Sitharaman had announced initiatives for the aviati…
2 mins read
Bajaj Finance shares surge as Nirmala Sitharaman’s cash injection for both NBFCs and small businesses will benefit Sanjiv Bajaj’s company
The Bajaj Finance share price soared in early trading on Thursday, May 14, after the Indian governm…
2 mins read
Digitisation is the only choice for small businesses in India — and it may add up to $200 billion to the GDP
According to the Cisco India SMB Digital Maturity Study 2020, digitalisation of small and medium…
3 mins read
RBI announces incentive for lending to MSME, home, auto sectors
"As a part of this, it has now been decided that scheduled commercial banks will be allowed to ded…
PTI
2 mins read
A banker's checklist for MSMEs who want a loan
Micro, small and medium enterprises are at the heart of India’s economy. According to the Confedera…
1 min read
2 mins read
Google’s PE fund Capital G invests in MSME lending startup AyeFinance for the third time
Aye Finance, the lending startup for micro, small and medium enterprises, has raised ₹210 crore fro…
4 mins read
India's Finance Minister reveals the final lot of Modi's economic stimulus programme
The fifth tranche of stimulus measures to revive India's economy revealed today. This is part of th…
4 mins read
IOB raises lending target for home, MSME loans; hopes to be profitable soon: CEO
"In the MSME segment, we are right now in the range of Rs 31,000 crore lending portfolio, we want …
PTI
2 mins read
MSME restructuring extension signify RBI's shift in stance on asset quality, transparency: Fitch
"Fitch believes that these extensions are only likely to defer asset-quality pressures unless ther…
PTI
2 mins read
Bajaj Finance says it could have added a million new customers in the one week of lockdown last quarter when profit fell 19%
Bajaj Finance reported a fall of 19% in its profit to ₹948 crore in the three months between Jan-Ma…
2 mins read
Cash crisis isn't ending after 30 Dec as note printing presses aren't able to keep with the pace
The 50-day deadline for completion of demonetisation process draws near
3 mins read
'Indian tourism industry is in a state of shock and disbelief'
This is the policy federation of all the national associations representing the complete tourism…
4 mins read
Now, fourth tranche of Nirmala Sitharaman's stimulus plan as India preps for lockdown 4.0
The Finance Minister of India, Nirmala Sitharaman, unveiled the fourth tranche of the government pl…
1 min read
Indian Bank reports standalone 4qtr net at Rs 217.73 cr
Commenting on the financial performance, the bank's Managing Director Padmaja Chunduru said, "Bank'…