Fri, Oct 25, 2024
A limit applicable to loans for SMEs under the 'Tarun' category of the PM Mudra scheme has been doubled to Rs 20 lakh. The decision was announced by the finance minister in her Union Budget 2024 speech on July 23. Under Pradhan Mantri Mudra Yojana, the higher limit of Rs 20 lakh under the Tarun Plus category will be provided to entrepreneurs who have already serviced their loans under the Tarun category earlier, according to a Ministry of Finance notification. Here are 10 things to know about this big development.
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Mon, Jul 01, 2024
SBI's MSME Sahaj: The product's goal is to provide "on tap" short-term loans for working capital needs to GST-registered Micro SME firms.
Sat, Sep 16, 2023
An MSME loan can be beneficial for a business in case it's facing liquidity issues and needs funds for day-to-day operations or expansion plans.
Tue, Jan 24, 2023
In an exclusive interaction with Zee Business, Dinesh Agarwal, founder and CEO of IndiaMart, talks about how Budget 2023 needs to bring more credit schemes for the MSME sector.
Sat, Jun 25, 2022
The top 10 states account for 90 per cent of the originations value in 2021-22, while Maharashtra, Tamil Nadu and Delhi make up for 64 per cent of the total originations value in FY22, the data released by CRIF High Mark said.
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