India’s MSME Loan Portfolio Sees 17% Growth: Report
India’s MSME loan portfolio grew to Rs 64.1 lakh crore by March 2024, with significant growth in loans to individuals and entities.
India’s MSME Loan Portfolio Sees 17% Growth: Report Read More »
LOANS
NBFCs expect 45% growth in education loans in FY25, outpacing banks in asset quality
Indian NBFCs’ education loan AUM to exceed ₹60,000 crore this fiscal driven by overseas demand. Strong asset quality.
NBFCs expect 45% growth in education loans in FY25, outpacing banks in asset quality Read More »
Banks Allocate Rs 25 Lakh Crore to Priority Lending for MSMEs in July: RBI Data
MSME credit by banks grew 15% to Rs 25.1 lakh crore in July. RBI plans unified digital platform for smoother lending.
Banks Allocate Rs 25 Lakh Crore to Priority Lending for MSMEs in July: RBI Data Read More »
Soon, Loan Processing for MSMEs and Others Will Be Faster and Simpler : Here’s How
The Reserve Bank of India is set to launch the Unified Lending Interface (ULI) to revolutionize lending, providing faster and easier access to credit nationwide.
Soon, Loan Processing for MSMEs and Others Will Be Faster and Simpler : Here’s How Read More »
Debt exposure of domestic banks and NBFCs in the Adani Group rises to 36%
Domestic banks and NBFCs now hold 36.5% of Adani Group’s total debt, rising from the previous year. Operating profit surged.
Debt exposure of domestic banks and NBFCs in the Adani Group rises to 36% Read More »
Finance Minister Nirmala Sitharaman: MSMEs Crucial for Realising Vision of 2047
Union Finance Minister Nirmala Sitharaman highlighted the importance of MSMEs in India’s development, prioritizing them in the budget and launching dialogue programs.
Finance Minister Nirmala Sitharaman: MSMEs Crucial for Realising Vision of 2047 Read More »
SBI Hikes Lending Rates Again, Consumer Loans to Cost More
The State Bank of India raised its MCLR by 10 basis points, making consumer loans more expensive, impacting borrowers significantly.
SBI Hikes Lending Rates Again, Consumer Loans to Cost More Read More »
MSMEs to Receive Rs 15,000-Crore Subsidy to Enhance Recycling and Efficiency
The Indian government plans a Rs 15,000 crore green initiative for MSMEs, including an e-marketplace for recyclables and energy transition support.
MSMEs to Receive Rs 15,000-Crore Subsidy to Enhance Recycling and Efficiency Read More »
SEBI Advises Investors to Stay Calm Amid Hindenburg Controversy: Explained
SEBI responds to Hindenburg Research’s allegations, affirming independence, transparency, and thorough investigations into Adani Group, despite market caution.
SEBI Advises Investors to Stay Calm Amid Hindenburg Controversy: Explained Read More »
YES BANK’s Rajan Pental: Lending to SMEs and mid-corporates is a ‘strategic priority’
YES BANK prioritizes MSME lending, aligning with government schemes and offering digital solutions. They focus on green financing and AI integration.
YES BANK’s Rajan Pental: Lending to SMEs and mid-corporates is a ‘strategic priority’ Read More »