Satin Creditcare Network Ltd. (SCNL) has introduced a new Alternative Investment Fund (AIF) aimed at transforming credit access for underserved micro, small and medium enterprises […]
Tag: MSMEs
IndusInd Bank introduces new digital banking platform for MSMEs
IndusInd Bank has launched ‘INDIE for Business,’ a comprehensive digital banking platform designed to transform how micro, small, and medium enterprises (MSMEs) manage their finances. […]
Ambit Finvest and DCB Bank to boost MSME lending through co-lending model
Ambit Finvest has signed a strategic co-lending partnership with DCB Bank Limited to enhance credit access for India’s Micro, Small, and Medium Enterprises (MSMEs). This […]
Crisil invests Rs 33.25 crore to acquire minority stake in Online PSB Loans
Crisil has completed the acquisition of a minority stake in Online PSB Loans Limited (OPL), a prominent digital credit infrastructure company, for Rs 33.25 crore. […]
Usha Financial unveils its retail financing solutions to empower retail businesses
Usha Financial has recently introduced its retail financing solution that aims to empower retail businesses. The company expands the horizon of retail financing loans across […]
FlexiLoans bags Rs 375 crore in equity funding in Series C round
FlexiLoans has raised Rs 375 crore in equity funding as part of its ongoing Series C round, led by existing investors Accion, Nuveen, Fundamentum, and […]
HDFC Bank launches Biz+ accounts to support MSME growth
HDFC Bank has introduced a new suite of current account products named Biz+, specifically designed to support small businesses throughout their various stages of growth. […]
Union Finance Minister Nirmala Sitharaman unveils digital Credit Assessment Model for MSMEs
Union Finance and Corporate Affairs Minister Nirmala Sitharaman, accompanied by Pankaj Chaudhary, Minister of State for Finance, has introduced a new digital Credit Assessment Model […]
SIDBI and AFD sign $100 million CFA to foster green finance in Indian MSME sector
Small Industries Development Bank of India (SIDBI) and Agence Française de Développement (AFD) have signed a $100 million Credit Facility Agreement (CFA) to scale up […]
Union Budget 2025: A gamechanger for MSMEs, or just another policy push?
In the Union Budget 2025, the expansion of the Micro, Small and Medium Enterprise (MSME) definition is a strategic step that could bring more businesses […]