MSME Cash Credit

MSME credit: Public sector banks

The share of public sector banks in lending to micro, small and medium enterprises (MSME) has been declining although overall lending to the sector has expanded rapidly. According to the TransUnion CIBIL-SIDBI MSME Pulse quarterly report, the market share of public sector banks in MSME lending (both entities and individual segment) has reduced from 58 […]

SMB & SME

SMB & SME Used Accounting Software Market Report for 2019

SMB & SME Used Accounting Software Market Report 2019-2024 Industry research report offers an in-depth and decision-making market analysis prospects for size, share, growth, proportion, emerging trends, demand, and SMB & SME Used Accounting Software Industry growth. It also encompasses through business profiles of some of the prime vendors in the market. The report comprises of […]

MSME financing

E-lending firms recommend direct debit feature on UPI to help startups

The digital lending industry has suggested that the RBI allow direct debit for loan repayment through the instant inter-bank funds transfer mechanism Unified Payments Interface (UPI), extend the ‘Udaan’ scheme to fintechs and nonbanking finance companies and make bank funding mandatory for early-stage fintechs. The central bank, in its notification dated March 18, had sought […]

Tata Tele Business

Smart VPN solutions for SMEs

India’s leading enterprise connectivity solution provider Tata Tele business Services (TTBS) today unveiled Smart Virtual Private Network (VPN) for Small and medium-sized enterprises (SMEs). This service will ensure improved security services and privacy capabilities that are flexible and assist enterprises in connecting with trust and security. The Smart VPN privatises a public cloud network, expanding […]