msme

Small Business

ICICI Bank Launches India’s First Digital Ecosystem For MSMEs

Sapna Bhardwaj Apr 28 2022 - 5 min read

ICICI Bank today announced that it has launched India’s first comprehensive digital ecosystem for all Micro, Small and Medium Enterprises (MSMEs) in the country, including customers of other banks. The ecosystem has three pillars: Enhanced banking services for existing customers, A bouquet of banking services to MSMEs, who are customers of other banks A whole range ...

Share
Small Business

Women Entrepreneurs From Haryana Biggest Beneficiaries Of ECLGS

Sapna Bhardwaj Apr 20 2022 - 6 min read

The Union government’s Emergency Credit Line Guarantee Scheme (ECLGS) launched to assist MSMEs during the Covid disruption has benefitted nearly 2 lakh women entrepreneurs in the region. According to data tabled in the Parliament, Rs 1,192 crore worth loans were guaranteed to women-run businesses under the ECLGS, especially to micro, small and medium ...

Share
Small Business

Kerala Launches Social Media Promo On MSMEs

Opportunity India Desk Apr 20 2022 - 1 min read

P Rajeeve, Minister for Industries, Law and Coir, Government of Kerala recently launched the first of five promotional videos for the on-going social media campaign to create 100,000 MSMEs in the state during the 2022-23 financial year. P Rajeeve said that the state government is working to set up exclusive shops that sell ‘Made in ...

Share
Small Businesses

Over 30,000 Small Business Brands Rule India's Retail Trade Market

Sapna Bhardwaj Apr 18 2022 - 3 min read

Confederation of All India Traders (CAIT) yesterday in a statement said that more than 30,000 small and medium enterprises (SME) Indian brands are catering to India’s retail trade as compared to about 3,000 corporate brands present. This was particularly in the fast-moving consumer goods (FMCG) sector.If the government is required to support policies ...

Share
Msme

Axis Bank Gets Hold Of Citi India’s Retail Assets For $1.6 Billion

Opportunity India Desk Apr 01 2022 - 6 min read

Axis Bank will shell out to Citi cash consideration of approximately $1.6 billion for the acquisition of the consumer business, subject matter to customary closing adjustments. The transaction comprises the sale of the consumer banking businesses of Citibank India, including credit cards, retail banking, and wealth management and consumer loans. It also takes account of ...

Share