Page 2 - Msme Lending

Punjab Cabinet approves rules to promote and develop MSMEs

MSMEs in Punjab will get an impetus with the state cabinet approving rules to provide a legal framework for their operations, with effective mechanisms to mitigate the problem of delayed payments

MSME credit demand in June back to level before pandemic, says CIBIL

High credit growth was helped by government's lending scheme and it masks asset quality pain: Agency

Govt expands credit lifeline for MSMEs amid second wave of Covid-19

Scheme removes the ceiling of outstanding loans of Rs 500 crore, keeps government's guarantee cover of Rs 3 trillion.

We will make haste, but slowly: SBFC Finance founder & CEO Aseem Dhru

Backed by the Singapore-based Clermont Group and Arpwood Partners, SBFC Finance wants to redefine the play in lending to micro-enterprises

Non-food bank credit grows 6% in January 2021; gold loans rise 132%

The pace of retail credit, a segment which has the maximum focus of banks, decelerated to 9.1 per cent in January 2021 from 16.9 per cent in January 2020

Small loans, big stakes: Why MSMEs are banking on fintech lenders

Speed and flexibility to cater to a wider segment of small borrowers are tilting market in their favour

SBI eyes three-fold rise in retail, MSME gold loan business in FY21

To use digital banking platform YONO extensively to cut-down on response time and scale up activity for it

Payment of advance does not create lien over supplier's assets: Expert

Your rights arise only from the contract between you and the supplier, say expert

Airtel Payments Bank rolls out 'Suraksha salary account' for MSMEs

Through this innovative account construct, MSMEs and other organisations will be able to make cashless payments and also provide a financial security blanket to their employees," the bank said.

Banks sanction over Rs 79,000-crore loans to 1.9 mn MSMEs, says govt

The top lenders under the scheme are SBI, HDFC Bank, Bank of Baroda, PNB and Canara Bank

ClearTax to enter SME lending biz this fiscal, may tie up with banks, NBFCs

Company's business has come back to 70% of pre-Covid level now

Banking system is in a Catch-22 situation: Indian Bank's Padmaja Chunduru

Indian Bank has 450,000 MSME customers who are eligible for loans guaranteed by the government.

Widen MSME scheme ambit: Private lenders to FM Nirmala Sitharaman

Govt likely to issue clarification to add more borrowers under ECLGS

The maths of moratorium

At a cost of 0.1-0.15% of GDP, the government can give confidence to both banks and MSMEs

Policies should be set keeping in mind everyone is in trouble, says Gadkari

By removing the export turnover, these units will export more and the country will benefit. This will also boost employment, Nitin Gadkari said

Rs 3-trn relief package for MSMEs to offer pre-approved loans, details out

The loan will be extended in the form of additional working capital term loan facility in case of banks and additional termloan facility in case of NBFCs to eligible MSMEs/ business enterprises

Aatmanirbhar Bharat offers MSMEs short-term respite: Crisil SME Tracker

3.5 trn Atmanirbhar Bharat package for SMEs can increase credit to MSMEs by 18-19% which can address the short-term liquidity crunch. Here's a closer look at the measures announced, and their impact

Bank of Baroda to advance Rs 12,000 crore to MSMEs under govt scheme

Under the scheme, the government will offer 100 per cent guarantee on loans.

What steps did the govt take to prevent MSMEs from defaulting on loans?

Two important steps have been taken in this regard by the govt

Interest rates charged by banks capped at 9.25% under MSME package

Interest rate ceiling for NBFCs loan at 12%; caps are much lower than the normal interest rates charged by these lenders