MSMEs – INDIAN ECONOMY’S STEP – CHILD

When the Finance Minister announced the launch of a new portal to fast-track loans for micro, small and medium enterprises with a promise to approve funding up to Rs.1 crore in 59 minutes you could have heard a pin drop. No whooping, no loud shouts welcom...

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HOW TO DEAL WITH BANKS – A PRIMER FOR MSMEs

Those who give you life can also take it away If you are an MSME, the only source of credit is probably from the Banks. There are other sources of credit which are fast becoming available now. Maybe, in another 5 or 10 years, this scenario will completely...

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MSMEs – Look at yourself through the Banker’s eyes

By CA Atul Donde (as published in TISA Dec 2019 issue) Form filling is only step one for a loan  One of my MSME clients prepared the loan application with full details of security, projections quotations, requisite consents and permissions.  He expecte...

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