Centre's ECLG scheme saved 12 pc of outstanding MSME credit from slipping into non-performing assets: SBI Research

Jan 23, 2023

The Emergency Credit Line Guarantee Scheme (ECLGS) was launched in May 2020 as part of Aatmanirbhar Bharat initiative to support eligible Micro, Small and...

PM SVANidhi achieves target of covering 50 lakh street vendors

Oct 04, 2023

The scheme, launched on June 1, 2020, is a micro credit scheme for urban street vendors that aims to provide collateral-free working capital loans...

4Fin sees Rebound in Credit Demand amongst Micro-SMEs

Feb 25, 2022

Pune (Maharashtra) [India], February 25 (ANI/BusinessWire India): 4Fin, the Pune headquartered Micro-SME-focused Fintech lending platform, carried out a survey amongst their target segment to...

Avail funds for small business in just 24 hours with a business loan from Bajaj Finserv

Feb 17, 2021

Pune (Maharashtra) [India], February 17 (ANI/BusinessWire India): To help micro, small and medium enterprises (MSME) mitigate the stress caused by the lockdown, the government...

CRISIL upgrades Fusion Micro Finance Limited to 'CRISIL A+/Stable'

Oct 04, 2023

New Delhi [India], October 4: Fusion Micro Finance [BSE (BOM: 543652) and NSE (NSE: FUSION)], one of India's leading NBFC-MFIs, has announced that CRISIL,...

Sitharaman asks Regional Rural Banks to ensure credit to small, micro enterprises

Aug 22, 2024

Union Finance Minister Sitharaman on Thursday directed RRBs to become more customer-friendly and leverage their local connect to further improve performance.