Public sector banks have demonstrated stronger performance and resilience recently, with credit growth surpassing that of private banks, Financial Services Secretary M Nagaraju said on Tuesday. He attributed the trend…
The Small Industries Development Bank of India (Sidbi) on Monday reported a 19.5% rise in its net profit, touching an all-time high of Rs 4,811 crore for FY25 against Rs…
MUMBAI: In its bid to push e-commerce exports and open up the global market for scores of small and medium sellers, the govt is set to begin consultations with the…
NEW DELHI: The commerce, MSME and finance ministries will work together to identify various sectors that will require maximum capital support for technology upgradation, marketing, brand building, and accessing newer…
PUNE: Banks should tap into the digital footprints generated by UPI in order to expand their balance sheets, finance minister Nirmala Sitharaman said here on Thursday."I would like to think…
NEW DELHI: Rise in imports of such as umbrellas, toys, certain fabrics, and musical instruments are majorly affecting MSMEs as these products are also made by domestic companies, according to…
NEW DELHI: Banks will be asked to tap into the "digital footprint" of small businesses, including salary payments, electricity bills and municipal taxes paid by them, along with GST and…
NEW DELHI: The government will introduce a credit guarantee scheme for MSMEs to facilitate term loans without collateral or third-party guarantees, Finance Minister Nirmala Sitharaman announced on Tuesday. Presenting her…
MUMBAI: Micro and small enterprises have made a host of representations to the Finance Ministry for an amendment to a provision (popularly known as the 45 day payment rule) that…
MUMBAI: Department of Telecommunications (DoT) is planning a new initiative aimed at aiding organisations and startups through the adoption of Industry emerging technologies. It has called for a proposal for…