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India

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 the end of this fiscal (more…)

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…


Government was offered a solution for SMEs liquidity problem

Industry body Assocham asked the government to bring down taxes such as corporate and service tax to boost the demand…

#banks#Boost#inflation


SBI to offer collateral-free loans to SMEs

State Bank of India today signed an agreement with Credit Guarantee Trust for Micro and Small Enterprises to offer collateral…

#bank#guarantee#SBI


Government wants 10% of banks' priority sector credit to...

The Indian government has announced plans to increase the credit flow to micro-entreprises in the country (more…)


RBI asks banks to enhance credit flow to SMEs

The Reserve Bank of India (RBI) has asked banks to improve credit flow to the fund-starved Small and Medium Enterprises…

ICICI Bank to launch private equity fund for SMEs

ICICI Bank is planning to launch a private equity (PE) fund for SMEs through a special purpose vehicle (SPV) within…

#bank#funding#ICICI Bank

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