Msme Credit News - Latest Updates & Headlines
Govt should ease lending restrictions on NBFCs to improve credit for MSMEs: World Bank
New Delhi, March 6: In a bid to enhance the availability of credit for Micro, Small, and Medium Enterprises (MSMEs), the World Bank, in its latest report, has stated that the government should remove the interest cap on NBFCs to ease the lending restriction.
Announced in July 2024 Budget, FM Sitharaman launches Mutual Credit Guarantee Scheme for MSMEs
Mumbai, February 17: Finance Minister Nirmala Sitharaman on Monday launched the Mutual Credit Guarantee Scheme for MSMEs (MCGS - MSME) for facilitating loans upto Rs.100 crore to Micro, Small and Medium Enterprisess for the purchase of machinery or equipment without collateral.
FM Sitharaman launches Mutual Credit Guarantee Scheme for MSMEs
Mumbai, Feb 17: The Centre on Monday launched the 'Mutual Credit Guarantee Scheme for MSMEs', which was announced in the Union Budget 2024-25 to boost the micro, small, and medium enterprises.
MSME Credit Cards a game changer, but streamline loan disbursement for grassroots impact: Experts
New Delhi, February 2: The introduction of credit cards for Micro, Small, and Medium Enterprises (MSMEs) is expected to be a transformative move, offering easier access to finance.