May 20, 2026
Headlines

MSME credit access India

PNB

PNB Launches Digi MSME Prime, Offers Loans of Up to Rs 10 Crore to MSMEs

Business News Desk03 mins mins

Punjab National Bank (PNB) has unveiled a new initiative called Digi MSME Prime, aimed at empowering India’s micro, small, and medium enterprises (MSMEs). The scheme offers loans of up to ₹10 crore, combining digital convenience with tailored financial solutions to support business growth, innovation, and competitiveness. Context of the Launch MSMEs form the backbone of…

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Piyush Goyal

Piyush Goyal Criticizes Credit Rating Norms That Equate MSMEs With Billion-Dollar Giants, Calls for Overhaul

Business News Desk04 mins mins

Union Commerce and Industry Minister Piyush Goyal has strongly criticized the current credit rating framework in India, calling it “ridiculous” for evaluating micro, small, and medium enterprises (MSMEs) using the same parameters as billion-dollar corporations. Speaking at a business forum organized by CareEdge Global on November 11, 2025, Goyal emphasized the urgent need for a…

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