Total bank credit to industries grew 10.1 per cent in the first ten months of FY26, up from the 6.3 per cent growth seen in the corresponding period of FY25. Micro and small industries (MSE), which have 23.5 per cent share in outstanding bank credit to industry, recorded 29.2 perContinue Reading
Chennai-based MSME lending platform Prayaan Capital has raised ₹ 110 crore in a Series A round led by Peak XV Partners, the company said on Thursday. The company said it will use the funds to build its lending platform, expand its team and grow its presence in MSME markets acrossContinue Reading
Food fortification is moving from policy documents to shelves in retail stores. For small and medium-sized millers (from the SME segment), there is an opening with new commercial channels of retail and institutional procurement are becoming accessible to them. Many national health surveys indicate that more than 67% of childrenContinue Reading
Credit guarantees worth ₹11,926 crore were sanctioned in 2022–23, rising to ₹23,359 crore in 2023–24 and touching ₹39,989 crore in 2024–25 | Photo Credit: IndoImages Maharashtra has recorded a sharp surge in credit guarantees approved for Micro and Small Enterprises (MSEs), including those in rural areas, under the Credit GuaranteeContinue Reading
P Vishnuraj, Director of Industries and Commerce, addressing Tradex Kerala 2026, the international buyer-seller meet. As many as 146 MoUs were signed between MSMEs from Kerala and overseas companies during Tradex Kerala 2026, the international buyer-seller meet. With the signing of these agreements, MSMEs secured trade commitments worth more thanContinue Reading
Reserve Bank of India (RBI) Governor Sanjay Malhotra | Photo Credit: ANI MSMEs (micro, small and medium enterprises) should pursue formalisation, maintain credit discipline and adopt digital payments to build their long-term resilience and competitiveness, according to RBI Governor Sanjay Malhotra. In his remarks, at a meeting with select MSMEsContinue Reading
Tradex Kerala 2026, the 2-day international buyer-seller meet, to open avenues for products from the State’s MSMEs in global markets will begin here on Tuesday at Hotel Le Meridien. Organised by the State Industries Department, buyers from 20 foreign countries is expected participate in the meet, which will be inauguratedContinue Reading
