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SBI and Canara Bank Funds Rs 19.08 Bn to Hero Future Energies for 120 MW RE Hybrid Project

The funds will be utilized for the development and construction of HFE’s 120 MW RE hybrid project situated at Kurnool, Andhra Pradesh.Read more

CGTMSE aims to ensure collateral-free credit for MSEs: Manish Sinha

In this interview with Rakesh Rao, Manish Sinha, CEO, Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE), explains how CGTMSE is proactively working on facilitating finance and capacity-building for micro and small enterprises.Read more

Funding MSMEs During Economic Flux

Micro, Small, and Medium-sized Enterprises (MSMEs) are the backbone of India’s economy, contributing 30 per cent to the nation's GDP and 45 per cent to its exports.Read more

Private capex revival remains unlikely in 2025, says RBI survey

The findings differ from the RBI’s Financial Stability Report (FSR), which indicated that India’s economic growth is poised to recover in 2025, driven by strong consumer and business confidence. Read more

Manoj Mittal appointed as Chairman and Managing Director of Sidbi

Mittal brings over 33 years of experience in the financial services sector to this role. Read more

PLSIND and SBI to provide financing solution to solar-interested customers

The company is targeting specific regions with high solar energy potential to increase market penetration and higher adoption. Read more

Manufacturing expected to be a key driver of expansion in India; OPEC

Consumer confidence rose to 98.5 in March from 95.1 in January, driven partly by the on-going election cycle, expected to bolster spending, particularly in rural areasRead more

Revolutionising financing for small and medium enterprises

Exclusion of many MSMEs from formal lending ecosystems often inhibits their growth. Trade Receivables electronic Discounting System (TReDS) can be an useful tool for MSMEs to address cash flow challenges, opines Sundeep Mohindru.Read more

India: Leading global manufacturing

On April 11, 2024, the Asian Development Bank (ADB) - following the International Monetary Fund (IMF), World Bank, and Moody’s - raised India’s GDP growth forecast for 2024-25 to 7 per cent from the 6.7 per cent projected in December 2023Read more

Morgan Stanley says India unlikely to match China's 8-10% growth

Government officials have said the economy will likely grow 7 per cent in the fiscal year that begins in April, after an expected expansion of 7.6 per cent this financial yearRead more

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