More than a century old Bank of India is one of the leading commercial banks in the country with pan India presence. It is one of the public sector banks with considerable overseas presence having footprint in 22 foreign countries across five contin...Continue reading..
Category: MSME Special
Cluster Focus: Balaramapuram Handloom Cluster
Gentle product humbly marketed Some products manufactured in certain clusters are known for superior quality. They have huge export potential. Yet they face huge challenges in terms of marketing. The products are known for quality manufact...Continue reading..
As per the existing definition, micro-enterprise investment in plant and machinery does not exceed Rs 25 lakhs, between 25 lakhs and Rs 5 crore, small enterprise and up to Rs 10 crore medium enterprises.For the survey, we visited hundreds of small u...Continue reading..
MSME Current Picture: Need for patronizing small manufacturers
The current picture of the policy environment and comforts of the existing enterprises under the fast-changing policy environment shows MSMEs can grow faster only if there are better awareness and pleasant institutional cajolement. There s...Continue reading..
For MSMEs growth As per the existing definition, micro-enterprise investment in plant and machinery does not exceed Rs 25 lakh, between 25 lakh and Rs 5 crore, small enterprise and up to Rs 10 crore medium enterprises. Consistent focus on MSME, t...Continue reading..
The last year saw MSME segment's combined export reaching all time high level in terms of value. According to the Directorate General of Commercial Intelligence and Statistics (DGCIS), India's Micro, Small and Medium Enterprise(MSME)sector record...Continue reading..
Most of the time, start-ups find difficulties in accessing credit from the formal sector, naturally they being new. The government also has provided them many incentives. Department of Industrial Policy and Promotion hosted Startup India Global V...Continue reading..
We are committed to work jointly with various partners to support MSMEs and Start Ups. We have entered into these MOUs with a view to enhance our foot print in delivery of products and services in MSME ecosystem. This is an endeavour to simplify ope...Continue reading..
Union Bank of India: Centurion with a modern face
Specialised officers who are trained internally take care of MSME vertical to ensure that the ultimate connotation is achieved. The saral centres are working at various regional offices. Currently, Union Bank's MSME asset size stands around Rs69,000...Continue reading..