SME

MSME loan portfolio expands 17.8% to Rs 64.1 trillion in FY24: Report

During the financial year 2024, a total of 27.4 million MSME loans were sanctioned, amounting to Rs 54.2 trillion. This marks a growth of 19.3% in volume and 5.4% in value

Sebi plans to tighten SME IPO norms, migration regulations: Ashwani Bhatia

Paper to review eligibility, disclosure, and institutional portion

'SMEs turn to capital markets for funding, raise Rs 11,000 crore'

West Bengal accounts for 5 per cent of the total AUM, ranking among the top 10 states in terms of per capita penetration

Budget 2024: MSME sector eyes double loan limit under MUDRA to Rs 20 lakh

On expectations from the Budget, Navin Saini, chief business officer (Retail & MSME), Arka Fincap said the government will continue its agenda to provide a strong foundation for MSMEs, for growth

Ratlam-based Kataria industries to float Rs 54.5 cr IPO on July 16

The initial public offering (IPO) will be available for public subscription during July 16-19 and the bidding for anchor investors will open on July 15, the company said in a statement

Industry body urges FM Sitharaman to continue 45-day MSME payment rule

The government in last year's Budget added a new clause under Section 43B of the Income Tax Act to address the challenge of delayed payments faced by MSMEs in the country

West Bengal sets target of bank loans worth Rs 1.53 trn for MSMEs in FY25

West Bengal is one of the leading states in terms of MSME units, with 21.5 per cent of the country's total such units located in the state

Fundraising through SME IPOs hit a new high in FY24, Rs 5,579 crore raised

Investors should not take long-term positions in SME IPOs unless they are familiar with the sector and the company, analyst cautions

MSMEs need to be future ready, foster development, says CII president

CII conference highlights MSMEs' future readiness and role in eastern region's development

Nine out of 10 MSMEs expect to make profits this year, says report

Many companies plan to increase hiring and most expect they will need loans

Chatroom: Extension for exports realisation, RBI should review instructions

You cannot amend the shipping bills and so, you may explain the error to the bank and seek write-off or closure of the entries

31.6 million MSMEs registered between July 2020 and Dec 2023: Govt

Citing data uploaded on the Udyam Registration Portal, the Minister said all the 3,16,05,581 MSMEs included informal micro-enterprises. All the MSMEs were registered on the Udyam Assist Platform

PM Rishi Sunak's officials in Delhi to discuss India-UK FTA: Report

The Guardian' newspaper reports that while there is no official comment from either side on such a visit, Prime Minister Narendra Modi-led government is keen to finalise the FTA by the end of February

Chatroom: Individuals can get up to $250,000 forex for their foreign trips

Para 6.07(a) allows sale in DTA without any limit for EOUs in sectors other than gem and jewellery and services, so long as you achieve positive NFE

MSMEs getting greater attention in free trade agreements: Govt official

Additional Secretary in the department of commerce Rajesh Agarwal said FTAs can enable better integration of MSMEs with global value chains

HSBC India, UK Export Finance tie up for 100 mn pound financing programme

This partnership will enhance the availability of credit for Indian MSMEs and boost trade ties between the two countries, HSBC India said in a statement on Thursday

NSE ties up with Bengal govt to facilitate fund raising for SMEs in state

As part of the pact, NSE with the support of West Bengal government will conduct awareness drives through seminars, MSME (Micro, Small and Medium Enterprises)camps

CHATROOM: Merchanting trade transactions must be completed within 9 months

TNC Rajagopalan answers SME queries related to GST, export and import matters

'EPCG: Doubts persist over maintaining annual average exports of services'

TNC Rajagopalan answers SME queries related to GST, export and import matters

Increased sugar prices to lift MSMEs' margins: CRISIL SME Tracker

Lower cane availability is expected to result in reduction in cane being diverted for ethanol production from 4.5 million tonne to 4 million tonne