PE investment in India rises 59% to $2.11 bn in August on high value investments despite global economic uncertainties: Report
In terms of volume, PE deals stood at 69 in August this year against 67 in the year-ago month, a decline of 3 percent, the report said.
The present package given to the SME sector is noteworthy and falls well within the ambit of the 'Make In India' campaign wherein there is a serious attempt to strengthen the links of this sector with the rest of the economy.
Arun Jaitley said govt is committed to taking additional measures to further strengthen venture capital funds and angel investor ecosystem in the country
While earlier only banks were the access points for loans, fintech companies are now enabling SMES to access finance more easily.
Online credit companies and paperless lenders would be able to get federal charters to do business nationwide under a plan outlined on Friday by a U.S. banking regulator.
Disruptive technological innovations are changing consumers spending behaviour.