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Byju's Breached Loan Terms Worth $42 Million, Small Stake Sale Blocked: Report
Indian ed-tech startup Byju's breached terms of loans worth $42 million and has been asked by an arbitrator not to sell some shares of a group firm, a confidential order showed, the latest setback for the company.
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Facebook Teams Up With Indian Firm to Help Provide Loans to Small Businesses
Facebook is partnering with Indian online lending firm Indifi to help provide loans to small domestic businesses as part of a push to bring more businesses to advertise on its platform.
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Google to Start Offering Loans to Merchants in India, Rolls Out ‘Nearby Stores’ Spot Nationwide
Google said on Thursday that it is working with partner financial institutions to help small businesses in India impacted due to the coronavirus outbreak.
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RSS Unit Says Centre's Loan Package For Small Businesses Getting Delayed
Private banks are delaying implemention of the Rs 3-lakh crore credit scheme for the Micro, Small and Medium Enterprises (MSME) sector, RSS-affiliated industry body Laghu Udyog Bharti (LUB) informed Union Finance Minister Nirmala Sitharaman on Monday.
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Boost For Small Businesses, Salaries In COVID-19 Package: 10 Points
Private sector employees will get a boost to their take-home salaries and small and medium-sized will be offered Rs 3 lakh crore in collateral-free bank loans, Finance Minister Nirmala Sitharaman announced on Wednesday, detailing parts of the government's Rs 20 lakh crore COVID-19 economic relief plan. Shadow banks and power companies will also ben...
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UP To Start Online Loan Fair For MSME Sector From Tomorrow: Yogi Adityanath
Uttar Pradesh government will on Thursday start an online loan fair for the Micro, Small and Medium Enterprises (MSME) sector under which 36,000 business persons will get loan worth Rs 1,600 to Rs 2,000, said Chief Minister Yogi Adityanath on Wednesday.
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What MSMEs May Get Including Wages For Workers: 10 Points
The government may pay three-month salaries of employees of small and medium businesses hit by coronavirus and weeks of lockdown, sources said on Wednesday. It also plans to guarantee up to Rs 3 lakh crore of loans to MSMEs or Micro, Small and Medium Enterprises to help them tide over the virus crisis. On Tuesday, PM Modi announced Rs 20 lakh crore...
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PM Modi Planning Cheap Loans, Insurance For Small Businesses: Report
Prime Minister Narendra Modi is considering offering cheap loans and free accidental insurance coverage to millions of small businesses, two government sources with direct knowledge of the matter said, as he tries to placate a key voter bloc ahead of a general election due by May.
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In "Diwali Gift" For Small Businesses, PM Modi Launches 59-Minute Loans
Prime Minister Narendra Modi on Friday launched a 59-minute loan programme and other moves to help small businesses as part of the centre's "support and outreach initiative" for micro, small and medium enterprises (MSMEs) in New Delhi. "Loan requests for up to Rs 1 crore will be cleared in about the same time it takes for your morning commute," he ...
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India Inc Hails RBI Retaining Repo Rate, Relief For MSME Sector
In addition to the policy review, India Inc also hailed the RBI move to extend the time for repayment of loans by micro, small and medium enterprises (MSMEs) to 180 days -- providing relief to the focus sector.
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Latest Interest Rate On PPF, Income Tax Benefits, Withdrawal, Loan Facilities And Other Details
PPF account holders need to make minimum deposits of Rs 500 in a year. The maximum deposit allowed in a year is Rs 1.5 lakh.
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Amazon Lent $1 Billion to Merchants to Boost Sales on Its Marketplace
Amazon has doled out more than $1 billion in small loans to sellers in the past 12 months, compared with more than $1.5 billion it lent from 2011 through 2015.
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Rs 1 Lakh Crore Disbursed In Loans For Small Businesses: Amit Shah
Narendra Modi government has ensured that more than Rs one lakh crore in loans is disbursed to micro units and enterprises in just one financial year, BJP president Amit Shah today said as he termed it as a big "success" in providing self employment to people.
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Eye on Bihar, Amit Shah Plans a Mudra Mela for Loans to Small Businesses
BJP chief Amit Shah today met several central ministers to discuss coordination between the party and government on popularising key initiatives, including the Mudra Bank, launched by Prime Minister Narendra Modi in April.
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Byju's Breached Loan Terms Worth $42 Million, Small Stake Sale Blocked: Report
Indian ed-tech startup Byju's breached terms of loans worth $42 million and has been asked by an arbitrator not to sell some shares of a group firm, a confidential order showed, the latest setback for the company.
-
Facebook Teams Up With Indian Firm to Help Provide Loans to Small Businesses
Facebook is partnering with Indian online lending firm Indifi to help provide loans to small domestic businesses as part of a push to bring more businesses to advertise on its platform.
-
Google to Start Offering Loans to Merchants in India, Rolls Out ‘Nearby Stores’ Spot Nationwide
Google said on Thursday that it is working with partner financial institutions to help small businesses in India impacted due to the coronavirus outbreak.
-
RSS Unit Says Centre's Loan Package For Small Businesses Getting Delayed
Private banks are delaying implemention of the Rs 3-lakh crore credit scheme for the Micro, Small and Medium Enterprises (MSME) sector, RSS-affiliated industry body Laghu Udyog Bharti (LUB) informed Union Finance Minister Nirmala Sitharaman on Monday.
-
Boost For Small Businesses, Salaries In COVID-19 Package: 10 Points
Private sector employees will get a boost to their take-home salaries and small and medium-sized will be offered Rs 3 lakh crore in collateral-free bank loans, Finance Minister Nirmala Sitharaman announced on Wednesday, detailing parts of the government's Rs 20 lakh crore COVID-19 economic relief plan. Shadow banks and power companies will also ben...
-
UP To Start Online Loan Fair For MSME Sector From Tomorrow: Yogi Adityanath
Uttar Pradesh government will on Thursday start an online loan fair for the Micro, Small and Medium Enterprises (MSME) sector under which 36,000 business persons will get loan worth Rs 1,600 to Rs 2,000, said Chief Minister Yogi Adityanath on Wednesday.
-
What MSMEs May Get Including Wages For Workers: 10 Points
The government may pay three-month salaries of employees of small and medium businesses hit by coronavirus and weeks of lockdown, sources said on Wednesday. It also plans to guarantee up to Rs 3 lakh crore of loans to MSMEs or Micro, Small and Medium Enterprises to help them tide over the virus crisis. On Tuesday, PM Modi announced Rs 20 lakh crore...
-
PM Modi Planning Cheap Loans, Insurance For Small Businesses: Report
Prime Minister Narendra Modi is considering offering cheap loans and free accidental insurance coverage to millions of small businesses, two government sources with direct knowledge of the matter said, as he tries to placate a key voter bloc ahead of a general election due by May.
-
In "Diwali Gift" For Small Businesses, PM Modi Launches 59-Minute Loans
Prime Minister Narendra Modi on Friday launched a 59-minute loan programme and other moves to help small businesses as part of the centre's "support and outreach initiative" for micro, small and medium enterprises (MSMEs) in New Delhi. "Loan requests for up to Rs 1 crore will be cleared in about the same time it takes for your morning commute," he ...
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India Inc Hails RBI Retaining Repo Rate, Relief For MSME Sector
In addition to the policy review, India Inc also hailed the RBI move to extend the time for repayment of loans by micro, small and medium enterprises (MSMEs) to 180 days -- providing relief to the focus sector.
-
Latest Interest Rate On PPF, Income Tax Benefits, Withdrawal, Loan Facilities And Other Details
PPF account holders need to make minimum deposits of Rs 500 in a year. The maximum deposit allowed in a year is Rs 1.5 lakh.
-
Amazon Lent $1 Billion to Merchants to Boost Sales on Its Marketplace
Amazon has doled out more than $1 billion in small loans to sellers in the past 12 months, compared with more than $1.5 billion it lent from 2011 through 2015.
-
Rs 1 Lakh Crore Disbursed In Loans For Small Businesses: Amit Shah
Narendra Modi government has ensured that more than Rs one lakh crore in loans is disbursed to micro units and enterprises in just one financial year, BJP president Amit Shah today said as he termed it as a big "success" in providing self employment to people.
-
Eye on Bihar, Amit Shah Plans a Mudra Mela for Loans to Small Businesses
BJP chief Amit Shah today met several central ministers to discuss coordination between the party and government on popularising key initiatives, including the Mudra Bank, launched by Prime Minister Narendra Modi in April.
