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Crisil has placed the non-convertible debenture issue of Global Trade Finance on rating watch with developing implications and reaffirmed the rating on the company's R16 bn rupees short-term debt programme. (more…)
Export-Import Bank of India is to raise Rs 12,000 crore in foreign currency and rupee loans during the current financial…
The Small Industries Development Bank of India will complete the rating of 720 SME's before the end of 2007. (more…)
GE Commercial Finance names new president and CEO of GE Commercial Finance India. (more…)
Success comes with its own set of problems. Ask DK Sharma, DGM-finance at Advance Detergents, a leading manufacturer of surfactants…
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.…