Public sector banks sanction over ₹52,300 crore in MSME loans, transforming financing through a new digital credit assessment ...

NITI Aayog has released a detailed roadmap to converge and streamline MSME schemes, aiming to reduce duplication, improve ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. With an aim to boost upcoming small ...

The coming budget is an opportunity to reimagine the MSME financial ecosystem in a manner that is fair, efficient and forward ...

Public Sector Banks (PSBs) have significantly accelerated credit flow to Micro, Small and Medium Enterprises (MSMEs) through the adoption of a Credit Assessment Model (CAM) based on digital footprints ...

Retail and wholesale trades were added to the MSME definition for PSL benefits from banks in July 2021. (Image: Bloomberg) Retailers’ body Retailers Association of India (RAI), in its pre-budget ...

Digital footprints are used by the model for KYC authentications, mobile and email verifications, GST data analysis, bank ...

Public Sector Banks sanctioned over 3.96 lakh MSME loan applications worth ₹52,300 crore using digital underwriting programs ...

India’s MSME sector is showing early signs of revival with nearly eight in ten firms reporting improved performance in recent ...

The initiative aims to create a more level playing field for small exporters and enhance the competitiveness of those ...

The "digital footprints" analysed by the model include comprehensive data points such as GST data analysis, bank statement analysis using account aggregators, and ITR verification. The system also ...