Bank of Maharashtra partners with M1Xchange TReDS platform for MSME bill discounting

On April 17, Bank of Maharashtra (BoM) has partnered with M1Xchange Trade Receivables Discounting System (TReDS) platform for MSME bill discounting. TReDS is a digital platform to support Micro, Small and Medium Enterprises (MSMEs) to get their bills financed at ..

Telangana government unveiled its Digital portal for MSMEs

Telangana government has launched a digital business networking portal for MSMEs – Telangana State GlobalLinker “ts-msme.globallinker.com”. This networking portal will digitise over 2.3 million MSMEs of the State which would connect them to the global economy. The motive behind this ..

Month: Current Affairs - December, 2020

NFDC declared as winner under Miniratna Category by Ministry of MSME for exemplary work amongst CPSEs for promotion of SC/ST entrepreneurs

The National Film Development Corporation of India (NFDC) has been selected as winner under the Miniratna Category by Ministry of Micro, Small and Medium Enterprises (MSME). This has been done as part of endeavor by Ministry of MSME to felicitate ..

U K Sinha head of RBI panel on MSME revival

The Reserve Bank of India (RBI) has appointed an 8-member expert committee headed by former SEBI chairman U.K. Sinha to comprehensively review and propose long-term solutions for the economic and financial sustainability of the Micro, Small and Medium Enterprises (MSME) ..

Alka Arora leads Indian delegation at 8th European Congress on SMEs

On October 17, the 8th edition of the European Congress on SMEs (Small and Medium Enterprises) has started at Kotawice, Poland with theme “Business-Self-Government Together for Economy”. The SMEs from around 50 countries are participating in the 3-day event. From ..

National Stock Exchange signs pact with Uttrakhand government to fuel MSMEs growth in state

The National Stock Exchange (NSE) has recently signed pact with the Uttarakhand government to provide access to capital to MSMEs, which will fuel growth of such entities in the state. The bourse will play an active role in nurturing the ..