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This article is authored by Nagender Parashar, director, Parashar Industries.

Public sector banks sanction over ₹52,300 crore in MSME loans, transforming financing through a new digital credit assessment model.

Budget 2026 allocates Rs 10,000 crore to an MSME fund and revives 2,000 clusters to boost credit, infrastructure and local ...

India’s MSME sector is showing early signs of revival with nearly eight in ten firms reporting improved performance in recent months and 86 per cent expecting business growth in 2026, a report said on ...

Small businesses are the job-creating engines of any healthy economy. Having a supportive policy environment can help high-potential businesses accelerate. Creating such an environment is a shared ...

Public Sector Banks (PSBs) have significantly accelerated credit flow to Micro, Small and Medium Enterprises (MSMEs) through the adoption of a Credit Assessment Model (CAM) based on digital footprints ...

Having released the consultation paper in 2014 to envision national policy, it took more than seven years to release the draft National MSME Policy The draft policy has identified nine action areas ...

The coming budget is an opportunity to reimagine the MSME financial ecosystem in a manner that is fair, efficient and forward ...

(MENAFN- KNN India) New Delhi, Dec 22 (KNN) Exporters' prolonged wait for detailed operational guidelines for the new edition of the Interest Equalisation Scheme (IES) on pre- and post-shipment rupee ...

PSBs sanction 3.96 lakh MSME digital loans: Digital footprints are used by the model for KYC authentications, mobile and ...

The "digital footprints" analysed by the model include comprehensive data points such as GST data analysis, bank statement analysis using account aggregators, and ITR verification. The system also ...