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The Global Alliance for Mass Entrepreneurship (GAME) and the Small Industries Development Bank of India (SIDBI) have signed a pact to help micro, small and medium enterprises (MSMEs) address their challenges that were accentuated during the pandemic. The broad themes covered under the partnership include expanding credit access, increasing formalisation, building competitive clusters, and improving the legal framework for ease of doing business, according to a statement released on Sunday. The two organisations have committed that at least 25 per cent of the beneficiaries from the partnership would be women entrepreneurs, it added. SIDBI has been at the forefront of supporting and innovating MSMEs since its inception. The organisation also helps promote some of India s largest MSME-focused platforms and schemes such as CGTMSE and TReDS (RXIL). ....
Prism Johnson has received revision in credit ratings from India Ratings and Research as under - Non-convertible debentures (NCDs)- IND A+/Stable (upgraded) Term loans - IND A+/Stable (upgraded) Fund based limits - IND A+/Stable (upgraded) Non fund based working capital limits - IND A1+ (upgraded) Term deposit programme - IND tAA-/Stable (upgraded) Unsecured short term loans - IND A1+ (upgraded) Commercial paper programme - IND A1+ (upgraded) Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to the ....