Msme News Debroy’s Demise: A Monumental Loss for Indian MSMEs, Says FISME November 1, 2024 MSME Sampark 0 The passing of Professor Bibek Debroy, Chairman of the Prime Minister’s Economic Advisory Council, on November 1, 2024, has been deeply mourned by India’s MSME sector, with the Federation of Indian Micro and Small & […]
Msme News MSME Priority Lending Surges to ₹26 Lakh Crore in September: RBI Data November 1, 2024 MSME Sampark 0 According to the latest data from the Reserve Bank of India (RBI), gross bank credit to micro, small, and medium enterprises (MSMEs) under priority lending norms increased by 14.6%, reaching ₹26.01 lakh crore in September […]
Msme News Inauguration of India’s First Private Military Aircraft Facility: A Boon for MSMEs October 30, 2024 MSME Sampark 0 The inauguration of India’s first private military aircraft facility in Vadodara marks a significant milestone, creating substantial opportunities for the country’s micro, small, and medium enterprises (MSMEs). The launch ceremony, attended by Prime Minister Narendra […]
Msme News Indian Bank Reports ₹700 Crore Profit from Priority Sector Lending Certificates October 30, 2024 MSME Sampark 0 Indian Bank has reported a significant profit of over ₹700 crore from the sale of Priority Sector Lending Certificates (PSLCs) so far in the current fiscal year, reflecting its increasing focus on lending to agriculture, […]
Msme News Finova Capital Secures $135M in Series E Funding to Fuel MSME Lending Growth October 30, 2024 MSME Sampark 0 Finova Capital, a Jaipur-based non-banking finance company (NBFC) and prominent MSME lender, has successfully raised $135 million in a Series E funding round. This investment was led by Avataar Venture Partners, along with significant contributions […]
Msme News India’s Defence Exports Boost MSME Growth with U.S., France, and Armenia as Top Buyers October 29, 2024 MSME Sampark 0 India has achieved a new benchmark in defence exports, with the United States, France, and Armenia emerging as its leading clients in the past fiscal year, according to government sources. This accomplishment aligns closely with […]