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Centurion Bank to securitise loans to SMEs

Centurion Bank would look for securitisation of some of its lending portfolios to small- and medium- sized industries, including commercial vehicles. Mr Shailendra Bhandari, managing director, Centurion Bank, was reacting to the peak season Credit Policy announcement providing for treatment...

EXIM Bank Bonds rating assigned on government support and...

Standard & Poor’s (S&P) on Wednesday assigned an ``A-‘’ senior unsecured foreign currency debt rating to the Export-Import Bank of…

#bank#bonds#Exim Bank


Reserve Bank proposes prudential norms for FIs bad loans

The Reserve Bank of India (RBI) has proposed new norms for bad loans of financial institutions saying that their assets…

#bank#Exim Bank#financial institutions


SSI loans get 'core' tag, ceiling hiked to Rs...

The Reserve Bank is trying to boost credit flow to the small scale industries (SSIs) and farmers. The RBI, in…


SIDBI launches venture fund for SMEs

The Small Industries Development Bank of India (SIDBI) has launched the small- and medium- sized enterprise (SME) growth fund, a…

#bank#banks#risk


Swiss offer US$15m investment funding for SME sector

Indian small- and medium-sized enterprises (SMEs) have been asked to take advantage of the US$15m investment funding from the Swiss…


SME Bank launches remission package

SME Bank has launched its ‘loan remission Ramazan package’ to help borrowers to settle their loans and outstanding liabilities. Ihsanul…

#bank#SME bank#Two


ADB lends US$200m for revival of SME sector

The Asian Development Bank (ADB) has approved a foreign loan of US$200m for restructuring, revival and development of small- and…

#ADB#bank#business finance


ADB to inject investment in Chinese SME credit guarantee...

The Asian Development Bank (ADB), a financial institution dedicated in reducing the poverty and promoting the economic development in Asia,…

#ADB#bank#financial services


Absence of a clear legal framework hampers factoring industry

Total factoring turnover in India increased to US$1,427m in 2003, from US$1,367m the year before, according to the global industry…

#bank#global trade#international


SIDBI to hike credit to Kerala SMEs

The Small Industries Development Bank of India (SIDBI) has adopted new instruments and avenues for deploying credit to the small-…


ADB pledges US$50 million for SME development programme

The Asian Development Bank (ADB) has agreed to provide about US$50 million to the Bangladeshi government-sponsored small- and medium-sized enterprise…

#ADB#Bangladesh bank#bank

China boosts export credit insurance for agricultural products

According to statistics, insurance premiums on the export of agricultural products increased by more than 70 per cent in the…

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