- Tag results for MSME
Even after a year, the sector is reeling under several problems when it comes to the payment of salaries and honouring work orders.
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.
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.
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.
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.
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.
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.
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.
The MSME Department has completed the Diagnostic Study Report (DSR) of the proposed Fly Ash Park near Angul.
In an attempt to increase access to credit for Micro Small and Medium Enterprises (MSME), ASSOCHAM has came up with the myloanassocham.com portal.
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.