Search For "msme"
Canara Bank releases emergency credit facilities for MSMEs
Updated : 5 months ago IST
New Delhi [India], May 25 (ANI): To meet a temporary liquidity mismatch arising out of the COVID-19 outbreak, Canara Bank has announced a new credit support scheme for borrowers affected by the pandemic.
Read More
Rs 2789 cr disbursed in loan by Bank of Maharashtra during March-M
Updated : 5 months ago IST
Mumbai (Maharashtra) [India], May 24 (ANI): Even during the nationwide lockdown, the Bank of Maharashtra (BoM) has continued providing support to the agriculture, retail, and other sectors by disbursing Rs 2789 crore in loan between the months of March and May under the COVID-19 relief measu
Read More
Andhra CM releases first instalment of ReStart package for MSME se
Updated : 5 months ago IST
Amaravati (Andhra Pradesh) [India], May 23 (ANI): Andhra Pradesh Chief Minister YS Jagan Mohan Reddy on Friday released the first instalment worth Rs 450 crore out of the total Rs 1,110 crore ReStart package for the Micro, Small and Medium Enterprises (MSME) sector.
Read More
Welcome RBI's move to cut repo rate, it will boost demand amid COV
Updated : 5 months, 1 week ago IST
New Delhi [India], May 22 (ANI): Union Minister Piyush Goyal on Friday welcomed the Reserve Bank of India's (RBI) move to cut repo rate and reducing the reverse repo rate saying that it will boost demand amid COVID-19 by extending affordable credit to MSMEs and other businesses.
Read More
Pune: PCMC allows MSMEs, large scale businesses to operate with 10
Updated : 5 months, 1 week ago IST
Pune (Maharashtra) [India], May 22 (ANI): All industries including large scale businesses and Micro, Small and Medium Enterprises (MSME) have been allowed to start operations with 100 per cent workforce in Pimpri Chinchwad area by the area's Municipal Corporation.
Read More
Cabinet approves additional funding of Rs 3 lakh cr for MSMEs, MUD
Updated : 5 months, 1 week ago IST
New Delhi [India], May 20 (ANI): The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved to enable additional funding of up to Rs 3 lakh crore to eligible Micro, Small and Medium Enterprises (MSMEs) and interested Micro Units Development and Refinance Agency Bank (MUDRA) bor
Read More
Exodus of skilled migrant labourers badly hits MSMEs in Pune
Updated : 5 months, 1 week ago IST
Pune (Maharashtra) [India], May 20 (ANI): As COVID-19 lockdown triggered the mass exodus of migrant labourers, the Micro, Small and Medium Enterprises (MSMEs) in Pune have suffered badly, the owners of these businesses claimed.
Read More
Stimulus package to provide relief for financial system but will n
Updated : 5 months, 1 week ago IST
Singapore, May 19 (ANI): Stimulus measures announced by the government last week as part of a Rs 20 lakh crore economic package will help ease asset risks for the financial sector but not fully offset the negative impact from coronavirus outbreak, Moody' s Investors Service said on Tuesday.
Read More
Coronavirus-related debts to be excluded from defaults under IBC
Updated : 5 months, 1 week ago IST
New Delhi [India], May 17 (ANI): Corporate debts related to COVID-19 pandemic will be excluded from default category under the Insolvency and Bankruptcy Code (IBC) for a period of up to one year, Finance Minister Nirmala Sitharaman said on Sunday.
Read More
Centre's package will benefit over 20,000 MSMEs in Goa: Pramod Saw
Updated : 5 months, 2 weeks ago IST
New Delhi [India], May 15 (ANI): Goa Chief Minister Pramod Sawant on Friday said that the new definition of MSME will also benefit the people of the state and the related package announced by the Centre will benefit over 20,000 MSMEs.
Read More
Selling only indigenous products at CAPF canteens will boost emplo
Updated : 5 months, 2 weeks ago IST
New Delhi [India], May 14 (ANI): Shreekant Somany, chairman of CII National MSME Council, on Thursday hailed the Centre's decision to sell only indigenous products at the canteens of Central Armed Police Forces (CAPF), while saying that this would boost employment generation.
Read More
Punjab CM Capt allows cottage industries in Ludhiana to resume ope
Updated : 5 months, 2 weeks ago IST
Chandigarh (Punjab) [India], May 14 (ANI): Punjab Chief Minister Captain Amarinder Singh on Thursday allowed tiny or cottage industries in non-containment mixed-use areas of Ludhiana to immediately resume operations in order to support the opening of bigger industries that are dependent on t
Read More