Top 10 MSME Loan Schemes in India for Growth and Expansion
2 days, 17 hours ago

Top 10 MSME Loan Schemes in India for Growth and Expansion

India TV News  

Substantial steps have been taken by the Indian government and financial institutions to provide adequate loans for micro, small, and medium enterprises to foster growth without interruption. 3. Credit Guarantee Fund Scheme for Micro and Small Enterprises Small businesses often lack collateral when applying for loans, making them considered high-risk borrowers, which can result in loan application denials. To assist, the Ministry of MSME launched this scheme, offering eligible businesses a capital subsidy of up to 15% towards technological infrastructure upgrades, with a maximum sanctioned amount of Rs 15 lakh. Prime Minister Employment Generation Programme This scheme, launched by the Indian government, has seen great success as a credit-linked subsidy program, offering grants between Rs 5 lakh and Rs 25 lakh towards project costs. Funding is provided by the Small Industries Development Bank of India, with credit amounts ranging from Rs 10 lakh to Rs 1 crore, usually granted upon application approval.

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History of this topic

Government to soon launch new credit guarantee scheme for MSME sector up to ₹100 crore
11 hours, 6 minutes ago

Government to soon launch new credit guarantee scheme for MSME sector up to ₹100 crore

The Hindu  

Financial Services Secretary M Nagaraju on Thursday said the government would soon launch a new credit guarantee scheme for the MSME sector covering loans up to ₹100 crore. "We are likely to come up with a scheme, which was announced by Finance Minister in her last Budget, that could provide loans up to ₹100 crore without guarantee, if they are …

MSMEs call for increased budgetary provision for sector
3 weeks, 3 days ago

MSMEs call for increased budgetary provision for sector

The Hindu  

The Micro, Small and Medium-scale Enterprises have appraised the State Finance department about the need to make a substantial increase in support to the industries in the upcoming Budget for 2025-26 to meet government commitments to MSMEs that have and will come up under the Year of Enterprises Campaign, for supporting private industrial parks and the mission to convert 1,000 …

Govt open to exploring alternative financing models for MSMEs: Piyush Goyal
1 month ago

Govt open to exploring alternative financing models for MSMEs: Piyush Goyal

Live Mint  

Commerce and industry minister Piyush Goyal on Thursday said the government is open to offering concessional rates for micro, small, and medium enterprises setting up businesses in industrial townships across the country. Speaking at an event organized by industry body Assocham, Goyal emphasized the government's efforts to simplify business processes, reduce compliance burdens, decriminalize laws, and create a supportive environment …

India: Govt Plans New Financing for MSMEs
1 month ago

India: Govt Plans New Financing for MSMEs

Deccan Chronicle  

New Delhi: The Modi-led NDA government is open to exploring some alternate financing models for micro, small, and medium enterprises where the concerned ministry can earmark particular areas in the proposed industrial townships for the MSMEs. The statement of the government comes at a time when small business houses in the country are reportedly facing specific issues in accessing bank …

India: MSMEs Need Boost in Credit Access: Assocham
1 month, 1 week ago

India: MSMEs Need Boost in Credit Access: Assocham

Deccan Chronicle  

New Delhi: In order to boost credit access for small and medium businesses in the country, India Inc on Thursday called for enhancing the role of banks and other financial institutions to reach them and address their challenges. Leading industry body Assocham in collaboration with Egrow Foundation, conducted an in-depth study on 'MSMEs facing challenges with a quantitative data of …

Nirmala Sitharaman Announces Game-Changing Collateral-Free Loan Scheme for MSMEs
1 month, 4 weeks ago

Nirmala Sitharaman Announces Game-Changing Collateral-Free Loan Scheme for MSMEs

ABP News  

The Central Government is continuously working to enhance business opportunities across the country. In this regard, the government is soon set to launch a collateral-free term loan scheme for Micro, Small, and Medium Enterprises. Finance Minister Nirmala Sitharaman announced this at the National MSME Cluster Outreach Program in Bangalore. She highlighted that this new credit guarantee scheme will be a …

Nirmala Sitharaman Says MSMEs Will Get Collateral Free Loans Of Up To Rs 100 Crore Via New Credit Model
Trending News
1 month, 4 weeks ago

Nirmala Sitharaman Says MSMEs Will Get Collateral Free Loans Of Up To Rs 100 Crore Via New Credit Model

ABP News  

Union Finance Minister, Nirmala Sitharaman, on Saturday said that a new credit assessment model by public sector banks will be rolled out soon. This model will help the Ministry of Micro, Small and Medium Enterprises get collateral-free loans of up to Rs 100 crore. Speaking at the National MSME Cluster Outreach Programme in Bengaluru, the FM said that the problems …

Centre to launch collateral-free term loans scheme for MSMEs, says FM Sitharaman
2 months ago

Centre to launch collateral-free term loans scheme for MSMEs, says FM Sitharaman

Hindustan Times  

New Delhi: The government is all set to launch a collateral-free term loans scheme for micro, small and medium enterprises to boost their manufacturing capabilities, finance minister Nirmala Sitharaman said on Saturday, adding that the scheme will be placed before the Cabinet soon. Introduction of a new credit guarantee scheme will have to go to the Cabinet “sooner” which will …

‘MSMEs took ₹999 cr. from NSIC VC Fund till July’
3 months, 4 weeks ago

‘MSMEs took ₹999 cr. from NSIC VC Fund till July’

The Hindu  

Micro, small and medium enterprises have taken ₹999 crore investments till July this year from the NSIC Venture Capital Fund, which has a corpus of ₹10,000 crore as ‘mother fund’, according to the National Small Industries Corporation. P. Ravi Kumar, chief general manager of the National Small Industries Corporation, said in Coimbatore on Tuesday that as part of the Self-Reliant …

MSMEs still out of mainstream institutional credit, shows survey
4 months, 3 weeks ago

MSMEs still out of mainstream institutional credit, shows survey

Deccan Chronicle  

Hyderabad: In a downturn when tighter monetary conditions affect governments and companies, small and medium sized businesses bear brunt as the resultant delay in bill payments squeezes these enterprises financially. Though several measures were taken by the government and the Reserve Bank of India, micro, small and medium scale enterprises are perennially starved of institutional credit. Though the government has …

Budget Opens More Avenues of Credit For MSMEs
5 months, 2 weeks ago

Budget Opens More Avenues of Credit For MSMEs

Deccan Chronicle  

Chennai: Realising their potential in job creation, the Budget has formulated a package for MSMEs providing credit guarantees, new assessment criteria, and support during times of stress to spur growth and improve their competitiveness. The government has proposed a Credit Guarantee Scheme for MSMEs in the manufacturing sector, which will facilitate term loans to MSMEs for the purchase of machinery …

MUDRA loan limit hike, credit guarantee scheme for MSMEs
5 months, 2 weeks ago

MUDRA loan limit hike, credit guarantee scheme for MSMEs

New Indian Express  

NEW DELHI: In their efforts to revitalise the ailing MSME sector, the backbone of the Indian economy and creator of crores of jobs, the NDA government has come up with a slew of reforms. Finance Minister Nirmala Sitharaman on Tuesday informed that the government is increasing the limit for MUDRA loans for Micro, Small and Medium Enterprises from Rs 10 …

MSMEs get special attention in budget
5 months, 2 weeks ago

MSMEs get special attention in budget

Hindustan Times  

Finance minister Nirmala Sitharaman announced a revival package for the MSME sector that will include enhanced Mudra loans of up to ₹20 lakh, a collateral-free credit guarantee scheme to help purchase machinery and equipment, and a new assessment model to help unlisted enterprises access bank credit, among other measures. Sitharaman announced that the Union Budget provides “special attention to MSMEs …

How New Mudra Loan Limit Of Rs 20 Lakh Will Support MSMEs, Who Can Avail The Scheme
5 months, 2 weeks ago

How New Mudra Loan Limit Of Rs 20 Lakh Will Support MSMEs, Who Can Avail The Scheme

News 18  

In the Budget 2024, Micro, Small, and Medium Enterprises will now be able avail loans of up to Rs 20 lakh instead of the current Rs 10 lakh under the Mudra scheme, finance minister Nirmala Sitharaman said on Tuesday. During the interim budget presentation earlier this year, the government extended 43 crore loans aggregating to Rs 22.5 lakh crore under …

MSME data will help policy-making, finds economic survey
5 months, 2 weeks ago

MSME data will help policy-making, finds economic survey

Deccan Chronicle  

Chennai: Improving the availability of data regarding the health of MSMEs will help policy-making, finds the Economic Survey. Updated IIP, production and employment data of MSMEs, information on credit disbursement, and industry-wise financial flows are some of them. Further, there should be information on industry-wise gross disbursement of bank credit as opposed to the data on outstanding credit currently available, …

MSMEs continue to face challenges in formalisation and accessing credit: Economic Survey
5 months, 2 weeks ago

MSMEs continue to face challenges in formalisation and accessing credit: Economic Survey

The Hindu  

The Micro, Small and Medium-scale Enterprises face challenges, including issues with formalisation and inclusion, limited access to finance, markets, technology, and digitalisation, infrastructural bottlenecks, and skilling, according to the Economic Survey. “In the future, the development of new technologies, such as the Open Credit Enablement Network are expected to boost credit flow to the MSME sector, it mentioned in the …

SBI launches online quick loan solution for MSMEs
6 months, 1 week ago

SBI launches online quick loan solution for MSMEs

Live Mint  

Mumbai:Lender State Bank of India has unveiled a web-based digital business loans solution for MSMEs' Invoice Financing, aimed at facilitating MSME loans with a fast turn-around-time. The solution, named "MSME Sahaj - End to End Digital Invoice Financing", has been developed that will provide solutions ranging from applying the loan, documentation and disbursement of the sanctioned loan within 15 minutes, …

The Essential Guide to MSME Financing in India
8 months, 4 weeks ago

The Essential Guide to MSME Financing in India

India TV News  

Small and medium enterprises serve as the backbone of the financial landscape of India, contributing significantly to employment and GDP. Types of MSME Loans: MSME financing includes term loans for purchasing assets or funding specific projects, lines of credit offering flexible withdrawal options, and invoice financing to unlock the cash tied up in unpaid invoices. MSME financing includes term loans …

Finance Ministry’s Latest Report Highlights 8% Industrial Growth Trajectory Fuelled by Make in India, PLI & MSMEs
11 months, 1 week ago

Finance Ministry’s Latest Report Highlights 8% Industrial Growth Trajectory Fuelled by Make in India, PLI & MSMEs

News 18  

The recently released ‘The Indian Economy – A Review’ by the Department of Economic Affairs, Finance Ministry, has revealed a notable surge in industrial growth, showcasing a likely 8% per annum growth trajectory for the triennium ending March 2024. The report attributes this growth to strategic government initiatives, particularly emphasizing the success of ‘Make in India’, the Production-Linked Incentive scheme, …

The Need to Bolster Institutional Low-Cost Credit to MSMEs
11 months, 1 week ago

The Need to Bolster Institutional Low-Cost Credit to MSMEs

News 18  

The Micro, Small and Medium Enterprises are critical to unlocking the potential of India envisioned under the ‘Make in India’ campaign. The Parliamentary Standing Committee on Finance, in its report titled ‘Strengthening Credit Flows to the MSME Sector’, exposes the fact that less than 40 per cent of MSMEs avail credit from formal financial systems, and therefore depend on costly …

Budget 2024: MSME expects special package, implementation of the ONDC to boost growth
11 months, 2 weeks ago

Budget 2024: MSME expects special package, implementation of the ONDC to boost growth

India TV News  

The MSME sector wants Finance Minister Nirmala Sitharaman to come out with a special package for small and medium enterprises to ensure greater availability of institutional credit at competitive rates to enable it to play a bigger role as India moves closer to becoming a USD 5 trillion economy. Expectations include addressing the uneven power dynamic between banks and MSMEs, …

98 MSMEs to bring in investments totalling ₹1,583.80 crore in Thoothukudi and 5,717 people to get direct jobs: Kanimozhi
1 year, 1 month ago

98 MSMEs to bring in investments totalling ₹1,583.80 crore in Thoothukudi and 5,717 people to get direct jobs: Kanimozhi

The Hindu  

Ninety-eight medium, small and micro enterprises have evinced interest in setting up their units in Thoothukudi district bringing investments totalling ₹1,583.80 crore, said MP Kanimozhi Karunanidhi. She said that all the 98 units would provide jobs to 5,717 people. The other units, which had signed the MoU, are expected to set up food processing, matches, modern rice mills, chemicals and …

Over 7 lakh youth to get jobs through PM, CM internship programmes in UP: Yogi Adityanath
1 year, 6 months ago

Over 7 lakh youth to get jobs through PM, CM internship programmes in UP: Yogi Adityanath

India TV News  

The Uttar Pradesh Chief Minister Yogi Adityanath said on June 28, that the state's MSME businesses provide a source of income for millions of people and that they will help in providing jobs to more than seven lakh youth through the state's PM and CM Internship Programmes. CM Yogi also directed officials to take forward efforts for setting up Unity …

Banks sanction ₹23.2 lakh crore to about 41 crore beneficiaries under Mudra Yojana
1 year, 9 months ago

Banks sanction ₹23.2 lakh crore to about 41 crore beneficiaries under Mudra Yojana

The Hindu  

Banks and financial institutions have sanctioned ₹23.2 lakh crore to more than 40.82 crore beneficiaries under the Mudra Yojana launched to fund the unfunded eight years ago. Pradhan Mantri MUDRA Yojana was launched on April 8, 2015, by Prime Minister Narendra Modi to facilitate easy collateral-free micro-credit of up to ₹10 lakh to non-corporate, non-farm small and micro-entrepreneurs for income-generating …

Rs 40,700 cr sanctioned under Stand-Up India Scheme
1 year, 9 months ago

Rs 40,700 cr sanctioned under Stand-Up India Scheme

Deccan Chronicle  

NEW DELHI: As much as Rs 40,710 crore loan has been sanctioned to over 1.8 lakh accounts under the government's flagship Stand Up India Scheme, which is focussed on economic empowerment and job creation, according to official data. Of the funds sanctioned since the inception of the scheme in 2016, about 80 per cent of the loans have been given …

Over ₹40,700 cr sanctioned under Stand-Up India Scheme in last 7 years
1 year, 9 months ago

Over ₹40,700 cr sanctioned under Stand-Up India Scheme in last 7 years

Live Mint  

New Delhi: To promote entrepreneurship at the grassroots level, the Centre has sanctioned more than ₹40,700 crore to over 1,80,630 beneficiaries under the Stand-Up India Scheme in the last seven years. Recognising the challenges that aspiring SC, ST and women entrepreneurs may face in converting their dream to reality, Stand-Up India was launched to promote entrepreneurship among women, Scheduled Castes …

MSMEs banking high on AP’s New Industrial Policy
1 year, 10 months ago

MSMEs banking high on AP’s New Industrial Policy

Deccan Chronicle  

Vijayawada: The Micro, small and medium enterprises are having high expectations from Andhra Pradesh government’s New Industrial Policy, which is likely to be announced during the ensuing Global Investors Summit. Coinciding with this, MSMEs are urging the state government to set up industrial clusters over 100–1,000 acres in areas of the state that have good transport connectivity and provision of …

Sitharaman to meet heads of banks on Feb 22; on credit scheme for MSMEs: Report
1 year, 10 months ago

Sitharaman to meet heads of banks on Feb 22; on credit scheme for MSMEs: Report

Hindustan Times  

The finance ministry has called a meeting of heads of public sector banks and top four private sector lenders to review the progress of the emergency credit line guarantee scheme to help businesses affected by COVID-19. ECLGS was announced as part of the Atmanirbhar Bharat Package in May 2020 with the objective to help businesses including MSMEs to meet their …

Micro enterprises want govt to constitute a dedicated ministry
1 year, 10 months ago

Micro enterprises want govt to constitute a dedicated ministry

Deccan Chronicle  

Chennai: Micro enterprises, which dominate the MSME space in terms of numbers, have asked the government to constitute a separate ministry for them in order to get better focus and support. In the Mega MSME Survey conducted by the Consortium of Indian Associations and participated by 1,08,500 enterprises, 44 percent were micro-enterprises or those below Rs 1 crore annual turnover. …

Revamped credit scheme to provide additional collateral-free credit for MSMEs
1 year, 11 months ago

Revamped credit scheme to provide additional collateral-free credit for MSMEs

Live Mint  

With her fifth budget, Finance Minister Nirmala Sitharaman proposed a special focus on the Micro, Small, and Medium Enterprises sector in the Union Budget 2023. The finance minister announced a revamped credit guarantee scheme to provide MSMEs with more collateral-free credit. According to the FM, the updated Credit Guarantee Scheme for MSMEs would go into operation on April 1, 2023, …

Budget 2023: New Revamped Credit Guarantee Scheme Worth Rs 9,000 Cr for MSMEs from April 1, Says FM
1 year, 11 months ago

Budget 2023: New Revamped Credit Guarantee Scheme Worth Rs 9,000 Cr for MSMEs from April 1, Says FM

News 18  

A revamped credit guarantee scheme for MSMEs with an outlay of Rs 9,000 crore will be launched from April 1, Finance Minister Nirmala Sitharaman said on Wednesday. An integrated IT portal will be launched for reclaiming unclaimed shares and dividends, she said, adding the government would also set up a single window system for registrations and approvals in IFSC Gift …

Govt to launch revamped credit guarantee scheme worth Rs 9,000 cr for MSMEs, says FM
1 year, 11 months ago

Govt to launch revamped credit guarantee scheme worth Rs 9,000 cr for MSMEs, says FM

Firstpost  

New Delhi: A revamped credit guarantee scheme for MSMEs with an outlay of Rs 9,000 crore will be launched from 1 April, Finance Minister Nirmala Sitharaman said on Wednesday. An integrated IT portal will be launched for reclaiming unclaimed shares and dividends, she said, adding the government would also set up a single window system for registrations and approvals in …

Govt to launch revamped credit guarantee scheme worth Rs 9,000 cr for MSMEs: FM
1 year, 11 months ago

Govt to launch revamped credit guarantee scheme worth Rs 9,000 cr for MSMEs: FM

Deccan Chronicle  

New Delhi: A revamped credit guarantee scheme for MSMEs with an outlay of Rs 9,000 crore will be launched from April 1, Finance Minister Nirmala Sitharaman said on Wednesday. An integrated IT portal will be launched for reclaiming unclaimed shares and dividends, she said, adding the government would also set up a single window system for registrations and approvals in …

MSMEs in Coimbatore demand measures to increase fund availability
1 year, 11 months ago

MSMEs in Coimbatore demand measures to increase fund availability

The Hindu  

Industries, mainly the Micro, Small and Medium-Scale Enterprises in Coimbatore district, have appealed to the Union government for measures that will give financial boost as markets have slowed down and fund availability for the units has taken a hit. President of Indian Chamber of Commerce and Industry, Coimbatore, B. Sriramulu said that since the export markets are facing a slowdown, …

Federal Bank: Redefining banking digitally and sustainably
1 year, 11 months ago

Federal Bank: Redefining banking digitally and sustainably

Live Mint  

Federal Bank is one of the leading and preferred Personal, NRI and business banking partners for customers across India. Strong momentum in credit growth SME book grew by 20% YoY Retail book up by 18% YoY Business banking book up by 18% YoY Corporate book up by 19% YoY Commercial credit book grew by 18% YoY CV/CE business grew by …

Cabinet approves Rs12,882 crore for continuation of development schemes in Northeast
2 years ago

Cabinet approves Rs12,882 crore for continuation of development schemes in Northeast

Live Mint  

The Union Cabinet has approved continuation of schemes of Ministry of Development of North Eastern Region with an outlay of ₹12,882 crore, for the balance period of the 15th Finance Commission. Based on the Expenditure Finance Committee recommendations, the outlay for the North East Special Infrastructure Scheme will be ₹8,139.5 crore including committed liabilities of ongoing projects. The MDoNER Schemes …

How do MSMEs hold the key to defining India into becoming a $5 trillion economy?
2 years ago

How do MSMEs hold the key to defining India into becoming a $5 trillion economy?

Live Mint  

Now that the world has emerged from the shadow of the Covid-19 pandemic, it is interesting to note how efficiently the economy at large is recovering from the various setbacks it presented. Extending government support In order to help MSMEs tide over the immediate setback they suffered in the wake of the pandemic, the government extended various relief measures to …

Govt taking steps to make Indian MSMEs stronger, globally competitive: Minister
2 years, 1 month ago

Govt taking steps to make Indian MSMEs stronger, globally competitive: Minister

India TV News  

Delhi: Micro, small and medium enterprises are among the most important pillars of India's economy and the government is working to make the sector stronger and more developed, Minister of State for MSME Bhanu Pratap Singh Verma said on Monday. "We will also work to ensure that interrelationship between the MSME sector and other important pillars of the Indian economy …

DBS Bank India aims to expand gold and MSME loan business; details here
2 years, 2 months ago

DBS Bank India aims to expand gold and MSME loan business; details here

Firstpost  

DBS Bank India has presently a strong presence in the Indian market, and benefits from the network’s expansion across sectors like gold loans, have begun to emerge DBS Bank India Ltd. is focusing on expanding its gold and MSME loan businesses. After merging the former Lakshmi Vilas Bank into its fold, DBS Bank India, which is a wholly-owned subsidiary of …

Credit to MSMEs gathers pace, but needs a tech push
2 years, 3 months ago

Credit to MSMEs gathers pace, but needs a tech push

Live Mint  

Bank credit to micro, small and medium enterprises has fluctuated for most of the pandemic. Traditionally, public sector banks led credit disbursement to MSMEs, with a 50% share prior to 2019. iPhone sales in India headed for another record IT companies likely to slash campus hiring in FY24 What lies next for India’s shaky exports story Marico’s Q2 update fails …

49,608 MSMEs registered in State: Minister
2 years, 4 months ago

49,608 MSMEs registered in State: Minister

The Hindu  

As many as 49,608 micro, small, and medium enterprises have registered in the State till Wednesday, Minister for Industries P. Rajeeve has said. Replying during Question Hour in the Assembly on Wednesday, the Minister said the year 2022-23 was being observed as the ‘Year of Entrepreneurship,’ and the target was to start one lakh MSMEs this financial year. “As part …

42,699 MSMEs registered in first four months of current fiscal
2 years, 5 months ago

42,699 MSMEs registered in first four months of current fiscal

The Hindu  

As many as 42,699 micro, small and medium enterprises registered in the State in the first four months of the current fiscal, Minister for Industries P. Rajeeve said. This has helped create 92,855 employment opportunities, Mr. Rajeeve said launching a State-level loan scheme for entrepreneurs formulated by the State Level Bankers' Committee in association with the State government. The State …

PM Modi Launches Rs 6,000-Cr Scheme for MSMEs, New Initiative for First-Time Exporters
2 years, 6 months ago

PM Modi Launches Rs 6,000-Cr Scheme for MSMEs, New Initiative for First-Time Exporters

News 18  

Prime Minister Narendra Modi on June 30, Thursday, launched a number of initiatives to accelerate the rise of Micro, Small and Medium Enterprises in India. The PM kickstarted a number of key initiatives including the ‘Raising and Accelerating MSME Performance’, and the ‘Capacity Building of First-Time MSME Exporters’ scheme. He also flagged off new features of the ‘Prime Minister’s Employment …

Innovations can plug the growth capital gap of MSMEs
2 years, 6 months ago

Innovations can plug the growth capital gap of MSMEs

Live Mint  

India has over 7.9 million micro, small and medium enterprises, as of 27 March 2022, as reported by the MSME Ministry. The credit gap translates into a ‘growth capital gap’, especially for innovative and high-growth MSMEs seeking a radical pivot in their business models or overseas expansion. While RBI will need to make it mandatory for all MSMEs and large …

T.N. Budget 2022-2023: About 48% jump in allocation for MSMEs
2 years, 9 months ago

T.N. Budget 2022-2023: About 48% jump in allocation for MSMEs

The Hindu  

The Tamil Nadu Budget for 2022-2023, presented on Friday, has hiked the allocation for Micro, Small and Medium-scale Enterprises Department by almost 48%. Micro cluster development With a view of helping micro enterprises’ clusters, the Tamil Nadu government would launch a new “Micro Cluster Development Programme”, Finance Minister Palanivel Thiaga Rajan said in the State Legislative Assembly in Chennai on …

Union Budget 2022: What start-up companies and MSME sector are expecting this year
2 years, 11 months ago

Union Budget 2022: What start-up companies and MSME sector are expecting this year

Firstpost  

The pandemic disrupted the world and life as we knew it, changed. As we get closer to the announcement of the government’s financial budget for the nation, I would like to highlight my expectations for the start-up environment and the MSME sector which is the medium-sized enterprises and how the government could focus on the taxation, funding or enabling cash …

Top 5 government business loan schemes in India in 2022
3 years ago

Top 5 government business loan schemes in India in 2022

India Today  

The Government of India initiates various schemes and policies to bring a change in the economic condition of the country. Here is the list of the top 5 government business loan schemes in 2022: Top 5 government business loan schemes in 2022: MSME Loan Scheme The loan was introduced by the Government of India focusing on the working capital loan …

MSMEs, SMEs: SIDBI Launches Various Cluster Initiatives to Help Businesses Grow
3 years, 4 months ago

MSMEs, SMEs: SIDBI Launches Various Cluster Initiatives to Help Businesses Grow

News 18  

BThe Small Industries Development Bank of India had announced that it launched several micro, small and medium enterprises cluster development initiatives. This marked the beginning of the newly oriented focus of the SIDBI on the cluster strategy aimed at the MSME clusters said the release. DFS and Reserve Bank of India have supported us in setting up the SIDBI Cluster …

SIDBI Unveils New Term Loan Scheme for MSMEs Hit by Covid-19. Details Here
3 years, 6 months ago

SIDBI Unveils New Term Loan Scheme for MSMEs Hit by Covid-19. Details Here

News 18  

In a bid to provide liquidity boost to COVID-19-hit small and medium scale industries, India’s principal financial institution for MSMEs – Small Industries Development Bank of India has unveiled a revamped version of its liquidity scheme. For its existing customers, SIDBI has brought in LIQUID 2.0 under which it will be providing term loan for the purpose of executing new …

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