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India

Government strengthens offering to export SMEs

Indian exporters offered a range of additional assistance measures by the Export Credit Guarantee Corporation. (more…)

Market leader trips over defaults

Hit by the downturn, the total business of SBI Factors has shrunk by more than 30 per cent during 2008-09…


Expansion of ratings into the SME sector

In an effort to improve SME access to finance, Indian ratings agencies are extending their ratings into the sector.  (more…)

#Access to Finance#bank#banks


Credit insurance bureau to be established?

One way to fight the economic slowdown is to provide liquidity and credit to the economy, but it is equally…


Government looking into funding alternatives for SMEs

Financial committee set to announce new ways the government will offer assistance to SMEs. (more…)


RBI eases credit norms for exporters

The Reserve Bank of India has raised the interest rate ceiling at which banks can raise export credit in the global…

#bank#exporters#interest rates


Public sector banks told to extend credit to SMEs

The Indian government has told public sector banks to extend credit to fund-starved Indian SMEs (more…)


PSU banks fear NPA rise as govt pushes for...

Voicing dissatisfaction over credit delivery by state-owned banks, the finance ministry has asked them to increaes lending to SMEs. However,…


Factoring companies reluctant to take on risk

Factoring Companies reluctant to take on the risk of financially strapped overseas buyers in the wake of economic slump  (more…)


IDBI Bank providing aid to MSMEs

IDBI Bank has announced a slew of measures to boost flow of credit to micro, small and medium enterprises (more…)

#bank#guarantees#interest rates


Vijaya Bank says no slowing down in loan disbursals

State-run Vijaya Bank has decided to scale up its loans in 'productive segments' such as SME in the months ahead…

#bank#crisis#economy


Small exporters get additional cover in the face of...

The Centre on Friday approved an allocation of INR350 for increasing the insurance cover for micro, small and medium enterprise exporters…

IT firms receivables collections cycles are getting extended

Information technology firms, which are already in trouble due to the slowdown in their key markets, are now facing payment…

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