MSMEs: Page 2
SBI to Expand Instant Loan Scheme for MSMEs, Eyes 600 New Branches by Year End
Customers only need to provide their PAN and approve the use of GST data to receive loan approval in as little as 15 to 45 minutes.
Unlocking Growth, Compliance and Wealth Management in India's Corporate Ecosystem
The Entrepreneur India Summit 2024 provided deep insights into how India's business ecosystem is evolving.
How AI, Automation and Cloud Computing are Revolutionizing MSME Strategies
The flexibility of cloud computing also means that MSMEs can punch above their weight, accessing the same tools that are available to larger enterprises without breaking the bank.
The Role of Digital Payment Infrastructures in MSME Growth
Around 80 per cent of MSMEs reported positive impacts from adopting digital technology, with Aadhaar banking and UPI being the most utilized services at the last mile.
The Transformative Impact of Digitalization on MSME Financing and Access to Credit
Although only 12 per cent of India's 64 million MSMEs are digitally mature, the shift to a cashless and paperless ecosystem brings transparency and ease to credit availability.
How MSMEs Can Leverage AI For Growth
Experts acknowledge the immense potential of AI in transforming operations, driving growth and overcoming financial challenges within the MSME sector
Government Announces Rise in MSME Registrations, 5 Cr Registered Compared to 1.65 Cr Last Year
The government plans to increase CGTMSE credit guarantees by INR 5 lakh crore over the next two years to support MSMEs.
How e-Commerce is Fueling The MSME Growth in India
MSMEs are the driving force of the economy for the country, backed by the strong connectivity of e-Commerce
How Govt Support Is Strengthening MSMEs Connection In India
The sector contributes around 30 per cent to India's GDP and accounts for nearly 45 per cent of the country's exports. They generate over 110 million jobs, offering significant employment at lower capital costs than large industries
How MSMEs uphold the backbone of India's economy
This sector has emerged as a highly vibrant and dynamic area of the Indian economy over the last five decades.
MSME: The Past and The Prospect
The micro small & medium enterprises act as the backbone of the country, keeping the economy flowing as well as providing quality services to the masses
Union Budget 2024: FM Nirmala Sitharaman Gives Boost to MSMEs
Finance Minister Nirmala Sitharaman announced the Budget for 2024, giving a significant boost to MSMEs through a self-financing guarantee fund providing coverage of up to INR 100 crore per applicant
Scaling, Adapting, and Thriving: The Cloud Imperative for Indian SMEs
20 per cent of SMEs have successfully migrated more than half of their workload to Cloud and 51 per cent of SMEs prioritise Cloud for customer support.
Need For Digital Transformation for MSMEs In India: Forvis Mazars Report
There are a total of 63.39 million MSMEs in India with over 99 per cent of them being micro-enterprises contributing 30 per cent to the country's GDP and 45 per cent to its exports. Despite their major game play in the economy these enterprises remain significantly under-digitized.
Whatsapp and Whatsapp Business Dominate MSME Landscape With a 97% Usage Rate: Report
43 per cent prefer UPI at Micro, Small, and Medium Enterprises (MSME) while 38 per cent lean towards Aadhaar Banking for last-mile banking services.