Chennai: The loans sanctioned for MSMEs under Prime Minister’s Employment Generation Programme is down by 45 per cent and those already released are down by 60 per cent till February in FY25 ...

A collateral-free MSME loan is an unsecured business loan which supports micro small and medium companies by dispensing with requirements for security in the form of real estate equipment or ...

By March 2025, the bank plans to reach 7,000 MSMEs through this system, aiming to boost the share of MSME loans from 17 per cent to 20 per cent. In addition to digital advancements, Indian Bank is ...

The Small and Medium Enterprise Development Agency of Nigeria has commended the Katsina State Government for disbursing N250.7 m in MSME loans, aimed at strengthening small businesses across the ...

Attendees can benefit from on-the-spot loan approvals, personalised consultations with PNB's banking experts, and ...

The Centre has approved the Mutual Credit Guarantee Scheme, announced in the Budget 2024-25, to enhance credit access for MSME manufacturing. Under this scheme, loans of up to Rs 100 crore for ...

The CGFTMSE programme offers collateral-free loans for MSMEs, allowing them to secure financing up to ₹1 crore without ...

Notably, the micro, small, and medium enterprises (MSME) and car loan segments experienced significant growth, with increases of 50% and 25%, respectively. The company also saw a resurgence in the ...

The scheme will apply to all loans sanctioned under MCGS-MSME within a period of 4 years from the date of issuing the operational guidelines of the scheme or until a cumulative guarantee of Rs.

It is going to help small finance banks, NBFCs, and loan distributing agencies immensely ... is willing to lay a strong foundation for MSME growth and expansion. Still, its success hinges on ...

For startups, the credit guarantee cover will be enhanced to Rs 20 crore from the current Rs 10 crore - with a guarantee fee down to 1 per cent for loans in ... limit for #MSME classification ...

5 crore to Rs. 10 crore, making it easier for them to access larger loans. This change is expected to unlock around Rs. 1.5 lakh crore in additional credit over the next five years. In addition ...