Cause of concern! Bank credit to manufacturing declines
Bank credit to 10 out of the 15 sectors declined in the last decade, an analysis by MVIRDC World Trade Centre (WTC) Mumbai shows.
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Budget 2022: ₹1.37 lakh crore MSME loans stressed, restructured
Public sector banks have exposure of ₹58,524 crore to stressed enterprises.
Bank loan books, asset quality at risk due to Omicron, says ICRA
According to ICRA, with incremental restructuring under Covid 2.0, the overall standard restructured loan book for banks increased to 2.9% of standard advances as on Sept. 30, 2021.
Facebook is 'Superpower' for SMEs: Ajit Mohan
Facebook said there is no "monetary benefit" from its just launched Small Business Loans Initiative for Indian MSMEs.
Facebook bets on SMEs with ₹5-50 lakh loans
The social media giant rolled out its first small business loans initiative in India to help MSMEs avail loans between ₹5 lakh and ₹50 lakh.
Mallya repeats offer to repay 100% to banks
‘I wish the FM would listen in this time of crisis,’ the beleaguered industrialist tweeted; he has challenged an extradition warrant against him in the U.K.
Regulation in the fintech era
Allowing fintechs some runway with the eventual goal of bringing parity between them and traditional financial service providers is a tight balancing act.
Financing MSMEs: The continuing challenge
The performance of banks in rural and MSME lending has been inadequate even after the considerable expansion of the scope of priority-sector loans.
Exclusive: Sanjiv Bajaj’s new digital game plan
As shopping on mobile phones increases, India’s biggest NBFCs Bajaj Finserv and Bajaj Finance have big plans to expand their digital footprint.
Hope to be a small finance bank in 5 years: Inditrade
Formerly JRG Securities, Inditrade recently divested its equity broking arm and is now betting big on microfinance and housing finance, with a special focus on empowering women entrepreneurs.
