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MR Components banks on EMAG machines for quality and efficiency

MR Components relies on intelligent automation with EMAG machines and benefits from unmanned production in the evening hoursRead more

India’s Top 100 Engineering Companies

Despite a slowdown in some of the major global markets amid geo-political tensions, India's engineering exports edged up to $ 109 billion in 2023-24 (2.13 per cent more than $ 107.04 billion in 2022-23). In this edition, Smart Manufacturing & Enterprises (SME) presents India's Top 100 Engineering Companies who have out-performed their peers in FY24 and have emerged as the winners in 2024 list.Read more

SC decrees banks must follow procedure before classifying MSME loans as NPAs

The ruling was based on the 2015 notification by the Ministry of MSME, which established a framework for the revival and rehabilitation of MSMEs.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

DBS Bank India & RXIL announce partnership for pre-shipment financing solution

This offering will be particularly relevant for MSMEs and SMEs across India, enabling them to enhance cash flows to fulfil orders even before goods are delivered to buyers.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

SBI projects MSME loans as key growth driver for next 5 years

SBI aims to enhance credit accessibility for small businesses by expanding availability through partner customer service points and QR codes at outdoor touchpoints in the coming months.Read more

Section 43B(h): Boon turning into bane

India is home to the world’s biggest micro, small and medium enterprises (MSMEs) community (more than 60 million) who contribute around 29.7 per cent of the country’s GDP. Read more

Nonconventional routes to MSME financing

Despite playing a vital role in the economy, micro, small and medium enterprises (MSMEs) often struggle to access affordable financing necessary for their growth. In this article, Rakesh Rao explores some non-traditional routes to ease funding pressure on MSMEs.Read more

Madan Sabnavis: The major problem for SMEs is their low credit worthiness

In this interview with Pratap Padode, Editor-in-Chief, Smart Manufacturing & Enterprises (SME), Madan Sabnavis, Chief Economist, Bank of Baroda, discusses the status of the private investment cycle, key pain points of SMEs, and some probable solutions.Read more

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