MSME Loan Eligibility: How to Qualify for an MSME Loan in India
What are MSMEs ? MSMEs are defined in the MSMED Act, 2006 (as amended from time to time). The basis of classification of an enterprise in Micro, Small or Medium or non-MSME depends on the annual turnover (excluding export turnover) and investment in plant and machinery. The MSME ecosystem includes various firm types, such as […]
Government-Backed Business Loan Schemes for Startups and MSMEs
The Indian government has introduced various initiatives to support startups and Micro, Small, and Medium Enterprises (MSMEs). The Union Budget 2025 has proposed several measures to enhance funding access for these businesses. Budget 2025 Updates : Revision of MSME Classification: The government has revised the MSME classification to include more businesses under its purview. Credit […]
Why Credit Skills Are a Must-Have for Bankers in India’s Evolving Banking Sector ?
As India ascends to become the world’s third-largest banking economy, fueled by a surge in retail and SME lending, the demand for skilled credit risk management professionals has skyrocketed. Beyond traditional accounting expertise, employers now prioritize individuals with specialized knowledge in assessing and mitigating credit risk. This heightened emphasis underscores the critical role of effective […]
Are you looking to enhance your qualifications/skills for next-career growth?
In the highly competitive global job market of today, professionals at every level must continually upgrade their skills and qualifications to stay relevant and advance in their careers. Whether one seeks a promotion, desires to change fields, or is simply focused on continued professional development, enhancing one’s qualifications is an integral part of achieving career […]
Fast-Forward Your Business Growth with Our Customized Solutions
In today’s rapidly evolving business landscape, achieving sustainable growth requires more than just traditional strategies. Companies must adapt to changing market demands, technological advancements, and the dynamic needs of their customers. At Skilllabs, weunderstand these challenges and offer tailored solutions designed to accelerate yourbusiness growth. Whether you are a start-up or an established enterprise, our […]
Unlock Your Future with the Best Banking Jobs in Mohali
Introduction Are you looking for a rewarding career in the banking sector? Look no further than Mohali, a growing hub for banking and financial services. With the right guidance and connections, you can secure a prestigious position in this dynamic field. At SkillLabs, we specialize in career consultancy and have exclusive tie-ups with some of […]
Elevate Your Skills This Summer with Skilllabs’ Internship Certifications Program
Introduction Are you looking to make the most of your summer break? Instead of wasting hours or endlessly scrolling through Netflix, why not invest your time in enriching your skills and strengthening your resume? Skilllabs’ Summer Internship Certifications Program offers you the perfect opportunity to do just that! Skilllabs, a renowned provider of skill development […]
Why Small Businesses Shouldn’t Ignore ESG
Introduction In the fast-paced corporate world of today, environmental, social, and governance, or ESG, is a concept that has become crucial for all types of companies. While ESG practices were once primarily associated with large corporations, small businesses are increasingly recognizing the immense value they bring to their operations. ESG stands for environmental, social, and […]
Ditch the Age Worries: Why an MBA Can Be Your Mid-Career Power-Up
Ever dreamed of getting an MBA but worried you might be past your prime? Let’s face it, age can be a sneaky voice in our heads, whispering doubts about going back to school. But here’s the good news: there’s no magic age limit for getting an MBA. Your experience might be the secret weapon that […]
Why do freshers with online MBA degrees get 45% higher salaries than normal graduates?
Introduction: In the competitive landscape of campus placements, disparities in salary offerings based on educational qualifications often raise eyebrows. This case study delves into a real-life scenario where a leading non-banking financial company (NBFC) conducted a campus drive, offering significantly different compensation packages to bachelor’s and MBA graduates. Background: In their pursuit of talent acquisition, […]
