MSME
Uttarakhand CM Dhami calls for research, innovation to shape state policies
In a bid to foster effective governance, Uttarakhand Chief Minister Pushkar Singh Dhami underscores the importance of research and innovation in shaping state policies.
2 min read4 Sep 2026Govt weighs scrapping performance bank guarantees for MSME contracts
The development assumes significance as MSMEs accounted for 50% of the central government’s ₹2.30 trillion procurement of goods and services in FY26. As per rules, MSMEs that get a government order valued at over ₹1,00,000 must furnish a performance bank guarantee worth 3-10% of the project value.
4 min read18 Aug 2026Govt lists five new Bills, including MSME and Income-tax amendments, in tentative Monsoon Session agenda
The government has proposed five new Bills, led by MSME payment-delay reforms and an income-tax measure targeting sovereign debt markets, for introduction in Parliament's Monsoon Session from 20 July.
4 min read16 Jul 2026Northern Arc to ramp up direct lending, diversify into affordable housing, wealth management
Northern Arc Capital is aggressively scaling its direct-to-customer franchise to target a 70-75% portfolio share and plans strategic entries into affordable housing and wealth management.
4 min read26 Jun 2026RBI governor asks banks to treat MSMEs as long-term partners
The RBI governor asked financial institutions to make greater use of India's digital public infrastructure
1 min read22 Jun 2026ECLGS 5.0 crosses one lakh guarantees; Centre extends microfinance credit guarantee scheme
ECLGS 5.0 issued over 1.06 lakh guarantees worth ₹48,484 crore within weeks of its May launch, with MSMEs and public sector banks driving uptake.
2 min read10 Jun 2026Odisha NBFC Annapurna Finance to raise $75-100 mn to facilitate exits for early backers
The microlender's last equity fundraise was more than two years ago when Piramal Alternatives Trust, a wholly owned subsidiary of Piramal Enterprises, acquired a 10.4% stake in Annapurna for ₹300 crore.
3 min read21 May 2026Gold loans have done well but here’s how India’s small businesses could exploit the idea’s potential
Indian households hold vast sums of gold that could fuel MSME growth if gold-backed lending that respects the traditional role of jewellery in society is scaled up. Homes will lend even heirlooms if they’re sure of getting them back.
4 min read14 May 2026Broad-based sector stress drove ECLGS 5.0 rollout, says finance secretary
On Wednesday, the government approved the scheme with a total outlay of ₹2.55 trillion, including a dedicated ₹5,000 crore window for airlines. The scheme allows additional credit of up to 20% of peak working capital utilised for eligible borrowers affected by the conflict.
2 min read7 May 2026New emergency credit scheme to aid banks, limit bad loans, brokerages say
India’s ECLGS 5.0 scheme, with ₹2.55 trillion in guaranteed credit, is expected to boost bank loan growth and protect asset quality amid West Asia war risks. Analysts say it offers a low-risk lending cushion, helping MSMEs and corporates manage liquidity stress.
1 min read6 May 2026Wait for it…
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