• Tag results for MSME

Demonetisation fangs still biting into profits of MSMEs of Andhra Pradesh, salaries going unpaid

Even after a year, the sector is reeling under several problems when it comes to the payment of salaries and honouring work orders.

published on : 10th November 2017

SBI's SME Assist to provide short-term loans to MSME clients 

The State Bank of India today said it has launched a new product to provide a short-term working capital demand loan to its MSME clients.

published on : 12th October 2017

Have courage to admit that note ban failed: Chidambaram to PM Modi

Chidambaram blamed demonetisation saying it resulted in loss of 1.5 lakh jobs and the 1.4 percentage point drop in GDP growth virtually wiping out MSMEs.

published on : 9th September 2017

SIDBI, District Industries Centre offers loans to develop MSME hub

SIDBI and District Industries Centre officials on Friday visited the spot and assured fund infusion through loans to give a much-needed leg-up to infrastructure development.

published on : 26th August 2017

After 28-year struggle, MSMEs in Coimbatore, Tiruppur begin building their own industrial park

Three decades after it was first conceived, an industrial park has finally taken shape, thanks to a group of entrepreneurs from Coimbatore and Tiruppur districts.

published on : 21st August 2017

Mergers of small banks may hurt MSME sector: Report

Mergers of small banks may hurt credit sourcing for the MSME sector as the resultant large lenders will be less keen on smaller-sized loans, said a report from financial services firm Resurgent India.

published on : 5th August 2017

‘Prepare MSME credit plan in fortnight’

The State Government on Monday directed the State Level Bankers Committee (SLBC) to prepare a special annual credit plan for MSME  (micro, small and medium enterprises) sector.

published on : 25th July 2017

RBI’s Mundra urges banks to improve MSME lending

According to Mundra, banks were focusing retail loans in order to reduce exposure to large corporates, but there’s a limit to which it can be of help.​

published on : 12th July 2017

Govt to submit fly ash park proposal to Centre by July 31

The MSME Department has completed the Diagnostic Study Report (DSR) of the proposed Fly Ash Park near Angul.

published on : 2nd July 2017

New portal to empower MSMEs to gain credit 

In an attempt to increase access to credit for Micro Small and Medium Enterprises (MSME), ASSOCHAM has came up with the myloanassocham.com portal.

published on : 8th January 2017

MSME sector growth to decline due to demonetisation: Crisil

Unorganised players are expected to struggle more, with 37 per cent of them likely to report negative revenue growth in the second half , the agency said.

published on : 5th January 2017