Msme News Inauguration of India’s First Private Military Aircraft Facility: A Boon for MSMEs October 30, 2024 MSME Sampark 0The inauguration of India’s first private military aircraft facility in Vadodara marks a significant milestone, creating substantial opportunities for the country’s micro, small, and medium enterprises (MSMEs). The launch ceremony, attended by Prime Minister Narendra […]
Msme News Indian Bank Reports ₹700 Crore Profit from Priority Sector Lending Certificates October 30, 2024 MSME Sampark 0Indian Bank has reported a significant profit of over ₹700 crore from the sale of Priority Sector Lending Certificates (PSLCs) so far in the current fiscal year, reflecting its increasing focus on lending to agriculture, […]
Msme News Finova Capital Secures $135M in Series E Funding to Fuel MSME Lending Growth October 30, 2024 MSME Sampark 0Finova Capital, a Jaipur-based non-banking finance company (NBFC) and prominent MSME lender, has successfully raised $135 million in a Series E funding round. This investment was led by Avataar Venture Partners, along with significant contributions […]
Msme News India’s Defence Exports Boost MSME Growth with U.S., France, and Armenia as Top Buyers October 29, 2024 MSME Sampark 0India has achieved a new benchmark in defence exports, with the United States, France, and Armenia emerging as its leading clients in the past fiscal year, according to government sources. This accomplishment aligns closely with […]
Msme News Veteran Politician Nur Azam Mondal Appointed Assam Coordinator for MSME Promotion Council October 29, 2024 MSME Sampark 0Nur Azam Mondal, a respected figure in Lower Assam’s political landscape, has been appointed as the Assam Coordinator for the All India MSME Promotion Council, headquartered in New Delhi. This esteemed position was approved by […]
Msme News SBI Plans to Raise Instant Loan Limit for MSMEs October 28, 2024 MSME Sampark 0The State Bank of India (SBI) is set to boost its support for MSMEs by increasing the credit limit on its instant loan scheme beyond the current Rs 5 crore threshold. Under the “MSME Sahaj […]