Founder - Burn Finan... • 6m
The RBI is increasingly cracking down on unsecured lending. The NPAs (Non-Performing Assets) of unsecured loans are also increasing rapidly. Companies that used to provide loans against salaries are now changing their business models. The NPAs of MSME (Micro, Small, and Medium Enterprises) loans are also at an all-time high. This is a very concerning issue for banking and especially for fintech.
Chartered Accountant... • 3m
The Government of India has revised the investment and turnover limits for MSME classification. As per the latest notification, the new limits are: Investment criteria ✅ Micro Enterprises: Up to ₹2.5 crore (earlier ₹1 crore) ✅ Small Enterprises
See MoreFounder at Stockware • 9m
Navi Finserv Ordered to Cease Loan Disbursement by RBI 🚨 In a recent development, Navi Finserv, the NBFC arm of Sachin Bansal’s Navi Technologies, has been ordered by the Reserve Bank of India to cease and desist from sanctioning and disbursing loa
See MoreI'm just a normal gu... • 2m
BluSmart’s existing investors, including BP Ventures and ResponsAbility Investments, are reportedly planning to invest $30 Mn (INR 253.64 Cr) in an effort to revive the electric cab-haling startup. The funding will be in the form of unsecured debt a
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West Bengal Tourism • 7m
Currently, there are over 12 lakh self-help groups (SHGs) in Bengal, the highest among all states in India. Among these, nearly 11 lakh groups have been assured financial assistance of ₹30,000 crore by the state government in the current fiscal year
See MoreFounder, Doodledry • 5m
Only 0.7% of the gender budget has been allocated to the MSME. Now, that can't be helpful enough. All kinds of influencers come on YouTube/Instagram claiming that it's easy to get a grant or an MSME loan but with our experience till date, even nation
See MorePassionate about Pos... • 2m
10 Government Schemes Every Indian Startup Should Know 1. Startup India Seed Fund Scheme (SISFS) https://seedfund.startupindia.gov.in/ 2. Stand-Up India https://www.standupmitra.in/ 3. MUDRA Loans (PMMY) https://www.mudra.org.in/ 4. Atal Innovat
See MoreKill them with your ... • 11m
As a report India GDP is 3.385 trillion With an average growth of 7 percent GDP per capita is 2375 dollars Is this GDP of our contry includes all MSME and small enterprises where the artifact's,decorative items,etc which are created in tire 2 and
See MoreFounder - Burn Finan... • 6m
If anyone thinks that this market fall is solely because of Trump, that's not the case. The Q3 results of Indian companies aren't looking great either, and the financial sector is still struggling to manage the stress of unsecured loans. The budget i
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