Msme Financing News Today

Facility likely to be launched before Diwali; banks disburse loans worth Rs 69,832 crore through PSB loans in 59 minutes scheme

01Fintech, a growth stage private equity firm founded by former Ant-Group executive and specialising in financial technology in Southeast Asia, today announced a significant US$20-million investment in Validus, a market-leading small-and-medium-enterprises (SME) supply-chain financing platform with operations in Indonesia, Singapore, Thailand and Vietnam.

C2FO shapes inclusive sustainability road map for global economic growth

With the help of micro, small and medium enterprises (MSMEs), India is eyeing to achieve the challenging target of 1 trillion in exports by 2027, , micro small and medium enterprises, india, economy, indian economy, msme sector, msmes, Indian MSMEs, MSME Day 2023, global trade, financing gap, Credit Gap, MSME Financing

Uttar Pradesh Government : Nearly a dozen agricultural and traditional products are likely to be awarded the Geographical Indication (GI) certificate soon

Mumbai (Maharashtra) [India], May 3 (ANI/PRNewswire): The Shriram Group has consistently prioritised the interests of the 'Common Man' at the forefront of all business decisions. With an emphasis on providing financial services to the bottom of the pyramid, Shriram Finance has continuously excelled at serving the underserved. According to Umesh Revankar, Executive Vice Chairman of Shriram Finance, "The business will provide financial management to more people and work towards the em...

Mumbai (Maharashtra) [India], March 15 (ANI/PRNewswire): According to the IMF, global GDP will decelerate to 2.9 per cent in 2023, down from 3.4 per cent in 2022. The International Monetary Fund (IMF) expects India to grow at a rate of 6.0-6.5 per cent, down from a predicted rate of 7 per cent. It is understandable that recession can be a worrying time for both consumers and business. "Our company is expanding rapidly. We are growing in numbers. While we recruited more than 3,500 during the...

Mumbai (Maharashtra) [India], March 13 (ANI/PRNewswire): According to Kuvera's research, nearly half of the 1.6 million investors revealed they preferred Fixed Deposits (FDs) when they wanted money within 3 years with safety. This would represent 44% of the survey's overall respondents. To beat inflation, another 23% chose to store their emergency cash in FDs. Y.S. Chakravarti, MD and CEO of Shriram Finance states that, "The fixed deposit continues to be the instrument with the high...

The company also reported that it turned profitable in the second quarter of FY2023 (July-August-September).

This brief explains how deep-tier supply chain finance (DTSCF) can help small and medium-sized enterprises access much-needed financing and at the same time contribute to environmental, social, and governance goals.