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

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 ...

The government approved a Mutual Credit Guarantee Scheme to enhance credit availability for micro, small, and medium ...

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

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

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 ...

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

MSMEs face informational asymmetries, limited consumer visibility, and weak branding and marketing capabilities ...

In the proposal sent to the finance ministry, the MSME ministry has suggested raising the Shishu category limit to Rs 5 lakh ...

The introduction of Mutual Credit Guarantee Scheme for MSMEs (MCGS- MSME) aims at providing 60% guarantee coverage by ...

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 ...