Tag Archives: SME

HDFC Bank launches SME e-bank

HDFC Bank, the country’s second largest private sector lender, has launched a digital bank for its small andmedium enterprises  (SME) customers. It aims to grow its market share in the hinterlands with this. “It takes away the hassle of physical availability of a relationship manager and makes banking process faster. We expect this service to… Read More »


MICRO, SMALL AND MEDIUM ENTERPRISES  Q.1. What is the definition of MSME? A.1. The Government of India has enacted the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 in terms of which the definition of micro, small and medium enterprises is as under:  (a) Enterprises engaged in the manufacture or production, processing or preservation… Read More »