As of December 12 in the current fiscal, the gross non-performing asset (GNPA) ratio pertaining to MSMEs in the scheduled commercial banks (SCBs) had dropped to 6.1 per cent. Ease of doing business ...

Out of the 19,000 plus MoUs signed by the government during Global Investors Summit, around 9,000 are for the MSME sector. The government had set a target of Rs 1.25 lakh crore for the MSME department ...

PHDCCI has presented proposals to Finance Minister Nirmala Sitaraman. The industry body seeks lower borrowing costs and an ...

India may announce a ₹2,000 crore MSME tech upgrade scheme to counter rising global carbon tariffs and trade barriers ...

Industry body PHDCCI has outlined a set of proposals for the Union Budget 2026–27 aimed at strengthening India’s MSME sector ...

The gross NPAs with respect to credit outstanding to MSMEs as of March 31, 2024, were Rs 1.25 lakh crore, down from Rs 1.30 lakh crore as of March 31, 2023. (Image: pexels) MSME Minister Jitan Ram ...

The Central Government has rejected two out of the four proposals received under the programme it has announced for pharma Micro, Small and Medium Enterprises (MSMEs) clusters, designed to be ...

The bank may function under the hybrid ownership of public-private partnership In an attempt to provide hassle free loans to develop Micro, Small and Medium Enterprises (MSMEs) in the country, the ...

(MENAFN- KNN India) Chandigarh, Dec 1 (KNN) The Punjab government has submitted over 18 projects with total worth of Rs 710 crore to the Union MSME Ministry. DPS Kharbanda, CEO of Invest Punjab, said ...