SBI Unveils SME Digital Business Loans; No Financial Statements Required For Loan Upto Rs 50 Lakh
SBI SME Digital Business Loans: For loans up to Rs 50 lakhs, SBI has waived the requirement for financial statements, relying instead on transaction history and GST returns for appraisal.
Jun 11, 2024, 13:50 PM IST
SEBI Bans Varanium Cloud And Promoter Harshwardhan Sabale From Securities Market Participation
The company allegedly misutilised its initial public offer (IPO) proceeds and used dubious transactions to paint a false picture of good financial health and promising growth prospects to the general public.
May 11, 2024, 17:52 PM IST
Indian SMEs Better Prepared For Cyber Attacks, AI Adoption: Report
Among top three security threats globally, network attacks topped the list, followed by software vulnerability exploits and ransomware.
Feb 19, 2024, 13:19 PM IST
Small And Mid Cap Index Continue To Outperform Large Cap Index
For the year ending January 2024, Realty (108%) and PSU Bank (57%) made the highest gains while Bank (13%) was the lowest performer, the report said.
Feb 19, 2024, 12:55 PM IST
Ratnaveer Precision Engineering Limited IPO Subscribed Fully On First Day; Check GMP, Price, Allotment Date, More
By Afternoon, the IPO has been subscribed over 1.65 times with a subscription of 2.6 times by retail investors. Out of the 58,94,000 shares allotted for retail investors, a total of 1,06,12,050 shares have been bid for.
Sep 04, 2023, 13:27 PM IST
Finmin to Meet Heads of Banks on February 22; To Review Progress ECLGS for MSMEs
The meeting, to be chaired by Financial Services Secretary Vivek Joshi, would also see participation from top private sector lenders HDFC Bank, ICICI Bank, Axis Bank and Kotak Mahindra Bank.
Feb 20, 2023, 13:38 PM IST
Zero Defect Zero Effect scheme for MSMEs launched, additional subsidy for women entrepreneurs: All you need to know
Union Minister for Micro, Small and Medium Enterprises Shri Narayan Rane has said that ZED has the potential to become a national movement and that it aims to provide a roadmap to global competitiveness for the MSMEs of India.
Apr 29, 2022, 09:58 AM IST
Shopaccino empowers MSME's with its all-in-one e-commerce platform
Building a great software application is undoubtedly the main objective for any SaaS company. Backed by in-house experts and professionals, Shopaccino envisions to be a key player in driving businesses by making them SEO friendly to ultimately help them in transforming their brand towards growth and development.
Aug 04, 2021, 14:20 PM IST
CHAMPIONS: PM Modi launches technology platform to empower MSMEs
CHAMPIONS stands for Creation and Harmonious Application of Modern Processes for Increasing the Output and National Strength.
Jun 01, 2020, 17:39 PM IST
Govt launches Champions portal to assist MSMEs march into big league
The portal is a real one-stop-shop solution of MSME Ministry.
May 12, 2020, 16:45 PM IST
IPO rush on SME platform; 36 companies line-up plans
Looking to tap into the upbeat investor sentiment, as many as 36 small and medium enterprises have lined up initial public offers (IPOs) to fund business expansion and meet working capital requirements.
Mar 03, 2017, 14:46 PM IST
India becoming more aspirational than politicians: Jaitley
Terming the recent Parliament session as 'virtually wasted', Finance Minister Arun Jaitley today said policymakers and "obstructionist" politicians must gauge the public mood before taking a position on reforms.
Aug 18, 2015, 19:13 PM IST
Funny Software to list on BSE SME platform
Delhi-based Funny Software Ltd, which is into offering IT services, consulting and business solutions, has entered the capital market with a public issue of 32,80,000 equity shares of Rs 10 each at a fixed price of Rs 14 each aggregating Rs 4.59 crore.
May 18, 2015, 09:54 AM IST
SMEcorner.Com comes under Google Launchpad in start-up push
Through the programme, SMEcorner will get access to several resources, including mentors, user-testing benefits, developer community programmes, workshops and forums, cloud storage and the like, he said.
May 01, 2015, 18:11 PM IST
SMEs raise Rs 236 crore via IPOs in Apr-Jan
As many as 30 small and medium enterprises (SMEs) got listed on the stock market, raising Rs 236 crore, in the first 10 months of the current financial year.
Mar 08, 2015, 11:03 AM IST
Capital Float raises Rs 80 cr to scale up presence
Capital Float, a digital SME finance firm, today said it has raised USD 13 million (about Rs 80 crore) from a group of investors led by SAIF Partners and Sequoia Capital, along with participation from its existing investor Aspada.
Feb 11, 2015, 11:41 AM IST
IPO market remains sluggish; 23 firms raise Rs 538 cr this year
An analysis of all IPOs that have hit the market so far this year shows that most of these public offers were on the Small and Medium Enterprise (SME) platforms of BSE and NSE.
Sep 07, 2014, 10:38 AM IST
Bajaj Finance Net up 20% on higher retail, SME lending
Bajaj Finance Wednesday reported 20 percent jump in the June quarter net profit at Rs 211 crore on the back of jump in deployments to consumers and small businesses.
Jul 16, 2014, 18:44 PM IST
