The recent launch of a credit guarantee scheme for the MSME sector, which covers loans up to Rs. 100 crore (US$ 11.6 million), is expected to attract more investments, promote manufacturing, and ...

While the loan coverage is capped at INR 100 crore, the total project cost can exceed this amount, provided at least 75 per ...

While speaking on the Union Budget 2025, President of Utkal Chamber of Commerce & Industry (UCCI), Dr Prabodh Mohanty said ...

Coordinating Minister for Economic Affairs, Airlangga Hartarto, has emphasized the government's commitment to supporting the ...

The scheme will be applicable to all loans sanctioned under MCGS-MSME during the period of four years from the date of issue ...

The government has approved the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME) that would facilitate loans up to Rs 100 ...

Nigeria's quest for accelerated industrial growth is set to receive a significant boost in 2025, as the FMITI prepares to ...

The future of MSME lending is digital, inclusive, and data-driven—a win-win for businesses, financial institutions, and ...

The Chennai-headquartered bank’s priorities include increasing digital adoption on the liability side and raising the MSME share in its loan portfolio from 17 per cent to 20 per cent ...

As the Union Budget 2025 approaches, key themes such as tax simplification, easing tax payments, and boosting middle-class income are expected to take centre stage. Sources indicate that the ...

Over 20 MSMEs and startups participated, presenting business pitches to investors, banks, and high-net-worth individuals ...

The scheme also provides a repayment period of up to eight years, with a two-year moratorium for loans up to Rs 50 crore. To ...