Some good mid-week news! An RBI committee for MSMEs recommended doubling the cap on collateral free MSME loans. The committee suggested hiking the ceiling for the loans from INR 10 Lakh to INR 20 Lakh. This comes in light of […]
The Reserve Bank of India (RBI) just ensured that loans for MSMEs get cheaper, by announcing a reduction in repo rates (5.75%). Repo rate is the rate at which the RBI lends money to banks in case of a shortage […]
The MSME sector has high expectations from the Union Budget 2019. The budget is all set to be presented in the Lok Sabha on Friday, the 5th of July, 2019 at 11:00 AM. MSMEs saw a disappointing turnout in the […]
The New FDI e-commerce policy is in motion, with over thousands of products vanishing from online marketplaces. Small businesses have slowly begun to accept the digitisation of their businesses and are looking to explore new markets. So, is the new […]
Do you have money to run daily operations in your business? Working capital problems are prevalent in MSMEs since the dawn of demonetisation and your business could fall prey to it too. Recently, the India SME forum conducted a survey […]
The Reserve Bank Of India will now be restructuring loans worth of Rs 1 Lakh crore for MSMEs in India. The restructuring comes as a one-time scheme that allows defaulting MSMEs to revise the loan tenor and interest rate for up […]
Union minister Piyush Goyal presented the Interim Budget 2019 a few hours ago. His address began with a list of the fiscal and economic achievements of the current government. Furthermore, this will be the last budget from the current government […]
