Msme loans

Can Budget 2024 pave the way for easier MSME loans?

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Can Budget 2024 pave the way for easier MSME loans?

The country is abuzz with expectations for Budget 2024, eagerly awaiting Finance Minister Nirmala Sitharaman’s presentation on July 23rd. Ahead of Budget 2024, there is a strong consensus among MSME stakeholders for significant reforms. Key expectations include increasing the credit guarantee fund for MSMEs.There is also a push for interest subvention schemes to lower borrowing … Read more

Axis Bank and Piramal Finance join forces for co-lending business; details here

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Axis Bank and Piramal Finance join forces for co-lending business; details here

Axis Bank and Piramal Finance have partnered to establish a co-lending business aimed at extending loans to underserved segments in India. This partnership aims to reach middle and low-income borrowers who lack access to traditional banking services, as well as to expand financial inclusion into rural and semi-urban areas beyond major cities. The newly established … Read more