How can MSMEs access loans up to  ₹1 crore without collateral? A complete guide | Mint

How can MSMEs access loans up to ₹1 crore without collateral? A complete guide | Mint

Source: Live Mint Economic success and creation of new jobs alongside innovation and growth stems from micro small and medium-sized enterprises (MSMEs). Securing finance has always proven challenging due to the necessity of collateral. The program creates an opportunity for MSMEs to acquire loans worth up to ₹1 crore without requiring any security pledges. This…

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MSME Credit Cards: How the Budget 2025 initiative will transform small businesses | Mint

MSME Credit Cards: How the Budget 2025 initiative will transform small businesses | Mint

Source: Live Mint Micro, Small and Medium Enterprises (MSMEs) have been provided with new credit cards in the Budget 2025 by the Finance Minister Nirmala Sitharaman. This is considered as a significant financial change as per experts, according to a detailed report by ANI. MSME credit card scheme Announced to the citizens during the budget speech…

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Building financial resilience: Why passive income matters for MSMEs

Building financial resilience: Why passive income matters for MSMEs

Source: Live Mint Passive income is both a dependable financial safety net and a catalyst for future expansion. However, the first critical step is to maintain a clear boundary between personal and business finances—this foundational strategy enables sustainable growth and effective financial management.  Also Read: Thank digital tools for small businesses going formal on their…

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