July 1, 2025

MSMEs

Banking

IndusInd Bank launches digital banking platform to empower MSMEs

IndusInd Bank on Tuesday introduced ‘INDIE for Business’ platform to empower MSMEs. Through this step, the bank aims to reach over 60 million enterprises within India’s MSME segment. The digital platform offers all banking services – across payments, loans, collections, and account insights. INDIE for Business aims to transform how the micro, small, and medium

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Loans

A sharp slowdown in bank loans for small businesses

The growth in bank loans to India’s micro, small, and medium businesses slowed down to 14.8% in the financial year ending March 2025, compared to 20.9% in the year earlier, according to data from the latest annual report released by the Reserve Bank of India (RBI) on May 29. The slowdown is significant considering the

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