Union Commerce and Industry Minister Piyush Goyal has underlined the growing strength of the India-US strategic partnership while positioning India’s MSME sector as a major driver of global supply chains and long-term economic growth. Speaking at a recent industry interaction, Goyal said India remains committed to becoming a trusted globalContinue Reading
In an interview with BusinessLine, Ashok Chandra, MD and CEO of Punjab National Bank, noted that this surge, along with other key factors, is projected to add up to 2 percentage points to the quarter’s growth. He added that the bank has deployed its entire FCNR(B) deposits to pay downContinue Reading
Punjab National Bank (PNB) expects core retail loan growth to reach 17-18 per cent and micro, small and medium enterprise (MSME) lending to grow around 21 per cent in the current quarter, with the festive season expected to support credit demand, Ashok Chandra, MD & CEO of Punjab National Bank,Continue Reading
The Government has nominated seven members, including Subhas Chandra Lal Das to the Financial Services Institutions Bureau (FSIB) The Government has nominated seven members, including Subhas Chandra Lal Das, former Secretary, MSME Ministry; Arijit Basu, former Managing Director, State Bank of India; and Satish K Marathe, former Director, Central BoardContinue Reading
For India’s vast MSME manufacturing base, the message is simple: an MSME may not be able to control crude prices, but it can seek greater control over how those price movements affect its business. | Photo Credit: BIJOY GHOSH A small manufacturer may never buy a barrel of crude oil,Continue Reading
(from left) PN Vasudevan, Managing Director, Equitas Small Finance Bank; GSK Velu, Chairman, FICCI Tamil Nadu State Council and R Vijay Anandh, MD and CEO, City Union Bank Ltd, at the Vettri Tamil Nadu MSME Summit 2026, in Chennai | Photo Credit: BIJOY GHOSH Micro enterprises, which account for aboutContinue Reading
Chief Economic Advisor (CEA) V. Anantha Nageswaran | Photo Credit: PTI Chief Economic Advisor V Anantha Nageswaran on Friday made a case for revisiting non-performing asset (NPA) classification norms for micro, small and medium enterprises (MSMEs) by the Reserve Bank, saying the rules should reflect domestic business practices and cashContinue Reading
