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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
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
SAEL raises $1 billion to advance its renewable energy portfolio
In addition to the $1 billion partnership announcement, SAEL has plans to complete capital expenditure of Rs 15,000 crore in FY 25 and execute 2-2.5 GW renewable capacity every year to reach its target of 10 GW in the next 4 years.Read more
GameChanger Law Advisors, Speciale Invest launch first of its kind report on EV Battery Packs
As the Report highlights, the Indian EV battery market size is also expected to grow from $16.77 billion in 2023 to $27.70 billion by 2028, at a CAGR of 10.56% between 2023 and 2028, indicating that India's EV battery industry landscape is at the cusp of Read more
India unveils indigenous military hardware list, fosters innovation with self-reliance
Defence Minister Rajnath Singh revealed the details of this fifth positive indigenisation list at the 'Swavlamban 2.0' seminar hosted by the Indian Navy.Read more
Relaxations under ECLGS 1 will serve MSMEs well: FICCI
FICCI had requested that the quantum under ECLGS should be doubled to Rs 6 lakh croreRead more
Nitin Gadkari: “Ministry and World Bank working on credit guarantee program to finance unrated MSMEsâ€Â
The government is aiming to really educate MSMEs about the benefit of adopting solar rooftop and achieving cost-competitiveness. Read more
Rs 300 million debt from SBI to Aye Finance will benefit the MSME sector
Aye Finance, one of the upcoming money lenders of Micro, Small and Medium Enterprises (MSME) has raised Rs 300 million from SBI recently. The startup will be focussing to offer an affordable line of credit to the micro and small enterprises.Read more