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India

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…


Union Bank aims to grow SME business 35%

Union Bank of India is aiming a 35 per cent increase in advances to MSMEs over the last year by…


Export credit insurance norms soon

In the next few days the government is expected to announce details of insurance standard operating procedures on export credit…


Bankers see rise in credit take-up

Credit take-up is likely to increase in the coming months following the Reserve Bank of India's measures to ease liquidity (more…)

#ABN AMRO#bank#interest rates


UBI to restructure SME, MSME accounts

United Bank of India will restructure SMEs and MSMEs accounts, hit hard by the present global meltdown, to prevent them…


RBI may ease bad loan norms for small firms

SMEs may get a breather from the banking industry (more…)


New refinancing window a boon for SME sector

The new INR70bn (EUR1.1bn) refinance window opened by RBI has come as a ray of hope to the beleaguered and…


SMEs may get help from banks

Lenders consider waiving the penalty on delayed loan repayment and lowering margin requirements to enhance credit limits for small units…

#bank#banks#exporters

RBI to open Ђ3.1 billion special refinance window for...

The government and the Reserve Bank are contemplating opening a special refinance window to boost the growth of small and medium-sized enterprises…

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