New Delhi, May 7 (KNN) The newly approved Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 could benefit nearly 1.1 crore micro, small and medium enterprise (MSME) accounts by providing additional working capital support, according to a report by SBI Research. The scheme, cleared by the Union Cabinet, aims to helpContinue Reading
New Delhi, May 15 (KNN) Global technology company Zoho Corporation has announced an investment of Rs 70 crore in the Open Network for Digital Commerce (ONDC), reaffirming its commitment to building sovereign technology and expanding digital access for businesses across India. Backing MSMEs Through Open Commerce Sivaramakrishnan Iswaran, CEO andContinue Reading
New Delhi, May 29 (KNN) The Reserve Bank of India in its Annual Report 2025-26 said bank credit growth remained strong during the financial year, with lending to the micro, small and medium enterprises (MSMEs) sector witnessing accelerated expansion amid continued policy focus on financial inclusion and easier credit access.Continue Reading
New Delhi, Jun 4 (KNN) India has significantly expanded policy support for micro, small and medium enterprises (MSMEs) over the past decade, but persistent regional and sectoral imbalances continue to limit the sector’s full growth potential, according to a research by Piramal Finance. The report titled ‘The Geography ofContinue Reading
New Delhi, Jun 18 (KNN) The Ministry of Micro, Small and Medium Enterprises (MSME) will host the first BRICS MSME Forum, along with the third SME Working Group Meeting, on June 19 in Agra. The event will be held under the theme ‘Building for Resilience, Innovation, Cooperation and Sustainability’, bringingContinue Reading
New Delhi, Jun 27 (KNN) Adoption of artificial intelligence (AI) and digital tools for day-to-day operations would power the next level of growth for micro, small and medium enterprises (MSMEs) in India, said executives of fintech and MSME-focussed firms. The executives also emphasised on awareness among MSMEs about initiatives like GovernmentContinue Reading
New Delhi, Jun 29 (KNN) Delayed payments are straining working capital at India’s small businesses, with average receivables overdue beyond 360 days at about Rs 3.8 crore per firm and the national invoice cycle stretching to 73 days, according to the Indian SME Receivables Report 2026 by credit risk andContinue Reading
