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Rs 28 trillion MSME credit gap signals lending potential

As of March 2024, the total MSME lending market stood at Rs 35 trillion, and in FY2024 alone, credit to the sector expanded by 22%, driven by rising loan demand. Read more

SBI to adopt cash-flow based lending for MSME loans up to Rs 50 million

SBI is collaborating with multilateral development banks and large multinational banks to address these challenges.Read more

SIDBI aims for 25% MSME lending share, plans equity boost and green fund

Established in 1990 through an Act of Parliament, SIDBI functions as a development financial institution (DFI) with the primary objectives of promoting, financing, and fostering the growth of the MSME sector.Read more

Greening Enterprise Eco system, SIDBIs dedicates Mission 50K-EV4ECO

Small Industries Development Bank of India (SIDBI) with the aim to strengthen the EV ecosystem, launched Mission 50K-EV4ECO which will unlock the market by providing better financing terms for electric two- wheeler, three-wheeler, and four-wheeler (2W, 3W and 4W) vehicles purchase. Read more

Razorpay acquires Bengaluru based TERA Finlabs to support MSME sector

Razorpay disclosed that the acquisition of TERA Finlabs is aligned with its strategy of financially supporting MSMEs by building competencies in capital solutions, credit underwriting and data-driven risk management.Read more

HDFC Bank grows by 30 per cent on MSME lending

A major part of this success can be attributed to the MSME books and has been supporting this vital part of the economy during the pandemic.Read more

Create dedicated lending window for MSME sector: R Narayan

The year 2018 has been a mixed bag for MSMEs in India. “For a sector that employs over 100 million people and contributes 28.77 per cent to the nation's GDP, the proactive initiatives introduced by the Government are a step towards neutralising the MSMEs’ extraneous suffering. Read more

Create dedicated lending window for MSME sector: R Narayan

As 2019 dawns upon us, the performance of India’s MSME sector will be critical in moulding the growth trajectory of the Indian economy, says R Narayan, Founder & CEO, Power2SMERead more

Bank lending to Infra sector shoots up 45% in last 2 years

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