New Delhi, May 16 (KNN) The gross non-performing assets (GNPA) ratio of small businesses has improved significantly, declining to 3.3 percent by September 2026 from 11 percent in FY20, driven by recoveries, loan upgrades and moderation in fresh slippages, according to a report by CareEdge Ratings. The report noted, however,Continue Reading
New Delhi, Jun 17 (KNN) France is keen to strengthen business engagement between Indian and French micro, small and medium enterprises (MSMEs), with healthcare, luxury retail, construction and logistics identified as priority sectors for collaboration, officials said on Tuesday. The remarks were made at an interactive session organised by theContinue Reading
New Delhi, Jun 27 (KNN) More than half of India’s MSMEs now view artificial intelligence as a core tool for business growth, according to the Vi Business MSME Growth Insights Study 2026. The study, based on engagement from around 2.5 lakh MSMEs across 16 sectors on Vi Business’s ReadyForNext platform,Continue Reading
New Delhi, Jul 10 (KNN) The Quality Council of India (QCI) and the National Small Industries Corporation (NSIC) have signed a Memorandum of Understanding (MoU) to strengthen quality standards, competitiveness and market access for micro, small and medium enterprises (MSMEs). The collaboration will integrate key initiatives including the MSME SustainableContinue Reading
New Delhi, Jul 23 (KNN) Banks have sanctioned more than Rs 60,000 crore under the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 during the April-June quarter of FY27, with public and private sector lenders extending credit to businesses affected by disruptions arising from the West Asia conflict. Launched in MayContinue Reading
New Delhi, Aug 3 (KNN) The Small Industries Development Bank of India (SIDBI) has significantly increased its direct lending to micro, small and medium enterprises (MSMEs) over the past five years, the Finance Ministry said. In a written reply in the Lok Sabha, Finance Minister Nirmala Sitharaman noted that directContinue Reading
New Delhi, Aug 8 (KNN) The Government e-Marketplace (GeM) has crossed Rs 20 lakh crore in cumulative Gross Merchandise Value (GMV) through more than 3.78 crore orders, ahead of completing ten years of operations on August 9, reflecting its expanding role in India’s public procurement ecosystem. GeM Records Rapid GrowthContinue Reading
