With growing concerns over loan repayment failures, the centre aims at increasing MSMEs NPA classification period to 180 days
Read MoreThe purpose of the product is to provide "on tap" short-term credit for working capital needs to Micro SME units that are part of the GST regime
Read MoreM1xchange and the state government are expecting that this collaboration will enhance the financial health of MSMEs through digital solutions
Read MoreAbout 72 per cent of tech micro, small and medium enterprises (MSMEs) emphasise the need for artificial intelligence (AI) training programs for their workforce
Read MoreAccording to the study, about 43 per cent of MSMEs prefer UPI and 38 per cent prefer aadhaar banking for last-mile banking services
Read MoreYashasvini campaign for women-led units, the ministry says it expects 5 lakh MSEs to benefit from the scheme in three years, 50 per cent of which would be women-owned enterprises.
Read MoreDuring the pandemic, while MSMEs prioritised digitalising their workspaces, in 2024, the focus has moved on to engaging with their customers digitally
Read MoreThe demand for credit continues to be on an upward trajectory, according to the report
Read MoreAs GST continues to evolve, its impact on the Indian economy, particularly on MSMEs, will likely become even more pronounced, writes Amit Prasad
Read MoreWhile 49 per cent of micro enterprises with turnovers less than Rs 5 crore expressed a desire to reduce their cloud spending next year, 44 per cent of medium-sized enterprises, with turnovers ranging between Rs 100 crore and Rs 250 crore, indicated plans to increase their cloud expenditure for 2025
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