The financing will be complemented by advisory services from IFC to support Tanner develop an embedded finance strategy to enhance client acquisition through partnerships with non-financial companies
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Artificial intelligence (AI) will propel growth and will help in solving everyday problems, stated IVCA President Rajat Tandon
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Union Finance and Corporate Minister, Nirmala Sitharaman on Saturday said that the Ministry of Micro, Small and Medium Enterprises (MSMEs) will get collateral-free loans of upto Rs 100 crore through a new credit assessment model by PSU banks
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India's 64 million MSMEs, employing 110 million people and contributing 27 per cent to the country's GDP, face growth hurdles due to inadequate access to timely and affordable finance
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Experts say that the exclusion of micro, small and medium enterprises (MSMEs) from the government's internship scheme is likely to hit job creation and skill development
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In India, small businesses face significant safety and data security risks like cyber threats, such as phishing, malware and ransomware
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The government should delay implementation and help the industry prepare. Without support, most MSMEs may struggle to comply and be forced to close, says GTRI
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The heavy reliance on Chinese imports is eroding the market share and survival of Indian micro, small and medium enterprises (MSMEs)
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In India, many women-led MSMEs lack sufficient collateral to secure loans, making it difficult for them to meet the stringent requirements of formal financial institutions
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Madhya Pradesh has received the highest number of enrolments with 28,98,792 applications under the scheme during the period
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