
Cabinet clears Rs 10,000 crore SME Growth Fund for equity in small manufacturers
The Union Cabinet on October 6, 2026 approved Rs 10,000 crore for an SME Growth Fund to take equity stakes in growing small firms, mainly manufacturers.
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The Union Cabinet on October 6, 2026 approved Rs 10,000 crore for an SME Growth Fund to take equity stakes in growing small firms, mainly manufacturers.

Chief Economic Adviser V. Anantha Nageswaran on October 9 asked the RBI to review the uniform 90-day NPA and SMA norms for MSME loans, citing varied cash-flow cycles.

Flipkart said Tier 2-plus sellers saw 2.9x regular-day sales as Big Billion Days opened on 8-9 October 2026; Amazon said sellers doubled units ordered.

Mumbai-based NeoGrowth, which lends to small shops and businesses using their digital payment data, raised Rs 85 crore in equity and debt led by FMO on October 9, 2026.
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