The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) provides the borrowers in the Micro and Small Enterprises (MSE) sector, including artisans, craftsmen and weavers, easy access to credit from the organized banking sector. CGTMSE ... PIB, 4 days ago
We are an SME that has a total facility of Rs.200 lacs with a nationalized bank. Our entire facility is backed with collateral as per bank workings. In this case can we ask the bank to classify Rs.100 lacs under the CGTMSE scheme and ask for ...CAclubindia, 3 weeks ago
Captains of trade and industry urged the State government to announce a path-breaking industrial policy for the next five years to unleash the full potential of Prakasam district. The State's division should be seen as a blessing in disguise to put ...The Hindu, 5 days ago
[Editorial Notes : Recently, a few folks have suggested the government to launch a fund to invest in startups. At NextBigWhat, we certainly don't believe that this will help solve a problem (read : What's the role of government in startup ecosystem? Stay ...Pluggd in, 2 weeks ago
THIRUVANANTHAPURAM: In what could be termed as a move that could accelerate infrastructure projects in the state, SBT has launched a special scheme for contractors. The scheme SBT Contractor Plus is aimed at providing hassle-free loans to ...New Indian Express, 2 weeks ago
Syndicate Bank has set a target of disbursing ₹6,500 crore to Micro, Small and Medium Enterprises (MSME) and medium and small units in the first quarter of this fiscal. The bank has set a target to disburse ₹2 crore per branch in the network.Hindu Business Line, 1 month ago
SIDBI has now zeroed in on four or five areas of niche financing for MSME sector, including factoring, a top official said today. Speaking at the inauguration of an Industrial Trade fair here, N K Maini, Deputy Managing Director, SIDBI, said the ...Business Standard India, 1 month ago
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