Taking a swipe at the 'garibi hatao' campaign of Congress, Prime Minister Narendra Modi on Friday said those who could not bring any real change in the lives of the poor or even open bank accounts......
The government on Saturday announced a host of measures such as setting up of a new Fund of Funds Scheme (FFS) with Rs 10,000 crore corpus; and extension of period of incorporation by five years......
Finance Minister Nirmala Sitharaman on Tuesday announced the doubling of the upper limit of Mudra loans to Rs 20 lakh to promote entrepreneurship in the country. Photograph: PTI Photo from the......
The government will come out with a credit guarantee scheme for MSMEs to facilitate term loans without collateral or third party guarantee, Finance Minister Nirmala Sitharaman said on Tuesday.......
'The dakiyas will be our partners, receiving credit proposals from micro-enterprises at the grassroots level.' IMAGE: A postman on his way to deliver mail in New Delhi. Photograph: Adnan......
Commercial banks have turned cautious in lending to smaller microfinance institutions (MFIs), which has compelled the latter to borrow from non-banking financial companies (NBFCs) at much higher......