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Microfinance is growing at 48 per cent CAGR in the last five years, there is still room for growth given that microfinance penetration is 25 per cent of the addressable market, KPMG India national head (Financial Services) Gayathri Parthasarathy said in the report.
Room for strong growth for microfinance in India: KPMG
19 Dec 2019 11:51 AM

Eastern and northeastern regions of the country have played a key role with the highest share of loan portfolio at 35 per cent.

Fintech players are disrupting this space with their advanced technology and by providing flexible benefits plan to these MSME’s.
Platforms enabling easy access to finance for the MSMEs
15 Nov 2019 3:47 PM

MSMEs contribute 6.11 pc to the manufacturing GDP, 24.63 pc to the GDP from service activities, and 33.4 pc to manufacturing output.

Financing higher studies can be difficult, and in the absence of a scholarship you may have to look for a student loan to ensure that your child's further studies aren't compromised upon. (Representational Image)
Now finance your higher studies abroad with a Loan against Property
04 Nov 2019 11:23 AM

Overseas education continues to be an attractive proposition for undergraduate and postgraduate students.

South Africa, India, Mexico, Tanzania and Uruguay were among the top countries that safeguard e-money via some sort of deposit insurance or protection. (Photo: File | UNDP Website)
India among nations with most conducive environment for financial inclusion: Report
31 Oct 2019 3:06 PM

As per the report India, Colombia, Peru, Uruguay and Mexico have the most favourable conditions for inclusive finance.

The task force will identify technically feasible and financially/ economically viable infrastructure projects that can be initiated in 2019-20. (Representional Image)
FinMin sets up task force to identify infra projects for Rs 100 lakh cr investment
07 Sep 2019 2:03 PM

The task force will draw up a 'National Infrastructure Pipeline' of Rs 100 lakh crore, the finance ministry said.

Reserve Bank of India’s (RBI) industrial survey may hold the answer. 1,231 companies took part in the survey.
Reserve Bank of India survey shows Indian companies are stressed over finance
08 Aug 2019 4:07 PM

Companies are very despondent about the cost of capital. They are also less cheerful than earlier on availability of funding.

The bank will also monitor stock and inventory levels on a monthly basis to keep tabs on the dealer’s financial health.
SBI tightens lending terms for auto dealer: source
30 Jul 2019 9:11 AM

SBI has also cut the credit period for dealers to 60 days from 90 days.

India Inc, our job creators, is the nation's wealth creators. Together, we can prosper. I wish to propose a number of reforms to kick start virtuous cycle of growth, said Nirmala Sitharaman. (Representational Image)
Budget 2019: Our job creators are our wealth creators: Sitharaman praises India Inc
05 Jul 2019 12:12 PM

Earlier she said that the objective her government was to empower citizens for a strong nation.

Remove clutter from your cashflow and devise a budget which you would regularly abide by.
5 rules to make you financially independent
25 Jun 2019 2:35 PM

Save before spending. The practice of saving adds to one’s psychological wellbeing.

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