FICCI CMSME and IDBI MoU to offer concession of 100 bps on interest rates for member MSMEs
This unique FICCI – IDBI partnership will grant the best pricing offered at the relevant time by IDBI including concession of 100 bps and charging of processing fee as low as 0.10% plus service taxes to the MSME proposals referred by FICCI-CMSME
MSME News update
Kalraj Mishra assumes charge as MSME Minister
“…The objective of the Ministry is to make the common man self-dependent…”
Labour ministry to examine laws with a focus on MSMEs
“..The committee (under MSME ministry) will consider how to amend the definition of factory in small scale industry…”
SMEs raise Rs 317 crore via IPOs in FY’14
“….As many as 37 small and medium enterprises (SMEs) got listed on Indian bourses in 2013-14, with public issues worth Rs 317 crore…”
MSMEs should take listing route to raise funds: BSE
“…Listing on stock exchanges is the only way forward for the small players…”
46% SMEs under credit stress, may default
“..Nearly half of bank loans extended to listed small businesses, having a revenue of under R300 crore, are under stress…”
Strengthening MSMEs must to create new jobs
“….RBI governor recently acknowledged that MSMEs face difficulties in accessing credit…”
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Nitin Wali, Head, Business Development, Asia Pacific, Verisign Services India Pvt. Ltd shares his views on how a website can help smaller businesses with an opportunity to compete with their bigger rivals.
