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Development Credit Bank of India moves into microfinance as well as increasing its focus on SME lending. (more…)
#bank#international#microfinance
The Indian economy continues to register rapid growth with huge expansion in commodity trade, with rising production, consumption and often…
#banks#economy#funding
The big increase in lending rates, in the last year, is making it extremely hard for SMEs to meet their…
Development and Credit Bank plans to enhance its retail banking and SME lending business and enter the micro finance business. (more…)
#bank#microfinance#SME lending
The Small Industries Development Bank of India, in association with the Centre and World Bank, has launched the Business Development…
#bank#management#SME financing
Indian banks have become increasingly cautious when lending to SME enterprises as smaller businesses are worse affected by the fall…
Exporters can now save 10pc on insurance premiums being paid to the Export Credit Guarantee Corporation of India. (more…)
#exporters#exports#guarantee
The cost of borrowing from banks in India may go up for small and medium enterprises without a credit rating.…
Several MNC and Indian banks are looking at picking up stake in Mumbai-based factoring company Global Trade Finance (GTF). (more…)
#bank#exports#financial services
With non-banking financial companies (NBFCs) finding it difficult to raise funds, they have been forced to hike up lending rates…
#bank#DBS#interest rates
ECGC has decided to reduce premiums by 10% from August. Although the rate of reduction would vary from country to…
#credit risk#exporters#guarantee
Factoring company Global Trade Finance (GTF) on Tuesday signed a Memorandum of Understanding (MoU) with SME Rating Agency of India…
Exim Bank and IFC, Washington, are negotiating with a large foreign bank to sell off their stakes in Global Trade…
#bank#global trade#international