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Kerala launches insurance cover for MSME sector to safeguard businesses

by AIP Online Bureau | Oct 13, 2023 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Risk Management

All MSMEs in the manufacturing, service, and trade sector with UDYAM registration in Kerala, and enrolled in the “Bharat Sookshma/Laghu Udyam scheme” from any of the four public sector insurance firms beyond April 1, 2023, are eligible for benefits under...

Kotak General Insurance partners with actyv.ai for providing MSME cover

by AIP Online Bureau | Apr 6, 2023 | Briefs, Non-Life, Technology

Mumbai: Kotak Mahindra General Insurance (Kotak General Insurance) on Wednesday has partnered with actyv.ai to offer bite-sized insurance products to new-age Micro,Small and Medium Enterprises (MSME) companies. Jagjeet Singh Siddhu, Head of Multiline Business, Kotak...

PSBs restructure over Rs 58,500 cr loan advanced to 9.8 lakh MSME accounts amid pandemic: Govt

by AIP Online Bureau | Dec 6, 2021 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Pandemic, Policy

While, as many as 8.5 lakh accounts of individual borrowers of over Rs 60,000 crore have also been restructured New Delhi:Public sector banks (PSBs) effected restructuring of 9.8 lakh accounts of micro, small and medium enterprises, due to the impact of Covid-19...

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