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

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 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 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 ...

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

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

Budget 2025 is an opportunity to create concrete steps to help India build a more robust and self-reliant economic foundation, focusing on long-term resilience, efficiency, and competitiveness ...

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

The Centre has approved the introduction of the Mutual Credit Guarantee Scheme for MSMEs (MCGS—MSME), which provides 60 per ...

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 ...

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 ...