Empowering MSMEs with News & Insights

Economy

Lendingkart spreads its wings to 1000 locations and disbursed 25000 loans across 26 sectors

Lendingkart spreads its wings to 1000 locations…

New Delhi, May 23 (KNN) Lendingkart, a digital lending platform that facilitates SMEs to receive working capital loans, has expanded its reach to 1000 locations…

Pepper Exporters pin hope from Centre on withdrawal of MIP

Pepper Exporters pin hope from Centre on…

New Delhi, May 23 (KNN) The value-added pepper exporters of Karnataka are hoping that the Centre will soon take a decision on their demand for withdrawal…

BoB launches SME Loan Factory in Gurgaon for MSMEs in NCR; sanction 16 loans totalling Rs 189 cr on day one

BoB launches SME Loan Factory in Gurgaon…

Gurugram, May 22 (KNN) State-owned Bank of Baroda (BoB) has launched its first integrated SME Loan Factory in order to meet the needs of MSME sector in…

With recovery of NPAs, banks can now offer more credit to major sectors, MSMEs: Piyush Goyal

With recovery of NPAs, banks can now…

New Delhi, May 19 (KNN) With recovery of NPAs, banks will now be in a position to offer more and affordable credit to major sectors of the economy especially…

Directorate General of Trade Remedies notified; to merge DGAD, DGS & QR functions of DGFT into one single national entity

Directorate General of Trade Remedies notified; to…

New Delhi, May 17 (KNN) Department of Commerce notified creation of Directorate General of Trade Remedies (DGTR) in the Ministry of Commerce and Industry.

150 firms listed with Emerge - NSE’s SME platform-raise Rs 2,221 crore

150 firms listed with Emerge - NSE’s…

New Delhi, May 16 (KNN) With growing active participation of investors on SME Exchange platforms, the number of listed firms on NSE’s small and medium…

ITR form 2 in java release by CBDT for return filing by individuals

ITR form 2 in java release by…

New Delhi, May 15 (KNN) For individuals to file return, the Central Board of Direct Taxes (CBDT) has released the income tax return (ITR) form 2 in java…

WPI Inflation hits 4-month high at 3.18% in April

WPI Inflation hits 4-month high at 3.18%…

New Delhi, May 14 (KNN) India’s wholesale inflation was at a 4-month high in April as it grew 3.18 per cent as the prices of some vegetables and fuel…

Post Nirav Modi case, in a bid to support sector, Prabhu urges banks to fund honest MSMEs

Post Nirav Modi case, in a bid…

New Delhi, May 12 (KNN) With a view to avoid any sort of potential frauds, Union Commerce and Industry Minister Suresh Prabhu has urged Banks to step up…

Indian Bank to diversify loan portfolio; to focus on MSME sector

Indian Bank to diversify loan portfolio; to…

New Delhi, May 11 (KNN) With a view to minimize the loan portfolio risks, the Public Sector lender Indian Bank is planning to shift its focus from corporate…

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