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SIDBI to launch venture capital fund for SMEs

The Small Industries Development Bank of India (SIDBI) will launch a Rs 500 crore venture capital fund with participation from commercial banks targeting at small- and medium-sized enterprises (SMEs) this month-end. SIDBI chairman and managing director VK Chopra said that...

#bank#banks#risk

Fund to aid smaller technology firms

For the first time, the government and large corporations are organising a special fund to help small- and medium-sized businesses.…

#investment#management#small business


Canbank Factors targets to reach turnover of Rs2,000 crore...

Canbank Factors’ factoring package offers sales ledger administration, debt collection services, credit protection and advisory services. The total turnover of…


Factoring market picks up on back of Taiwan-China relationship

Improving investment and trade relations between Taiwan and mainland China are increasing demand for factoring services by domestic exporters to…


EPB to set up centre for SMEs

The Export Promotion Bureau (EPB) is to set up a centre within the Bureau for small- and medium-sized enterprises (SMEs)…


Exim Bank extends loan to Mozambique to boost share...

The Export Import Bank of India has extended a $20 million loan to Mozambique, as part of its efforts to…


SME Club proposed

In order to facilitate small- and medium-sized enterprises (SMEs) in Pakistan, the Union of Small and Medium Enterprises (UNISAME) has…


Export growth slows as central bank keeps monetary policy...

Japan's economic recovery is "solid" but export growth is losing some steam, according to the government’s monthly report published this…


Commercial loans show net decline in August

Despite the Bank of Korea's key interest rate cut early last month, fewer commercial loans were provided than were repaid…

#bad debts#bank#banks


China’s SMEs welcome to list overseas, say bourse chiefs

The world's major stock exchanges are greeting Chinese firms with open arms. That was the message delivered by executives from…

#innovation#investment#smes


SMEs to remain ‘protected’ until 2006

A long-running protective system for small- and medium-sized enterprises (SMEs), which was due to end this year, will be extended…


Cluster-based model best for financing SMEs

The Reserve Bank of India (RBI) has told commercial banks to adopt a cluster-based approach for financing small- and medium-sized…

#bank#banks#risk

SME Bank to get commercial licence

SME Bank, a development finance institution, will get a commercial bank licence from the State Bank next month, according to…

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