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The Chief Secretary, Mr J P Singh said that the Credit Guarantee Fund Trust for Small Industries (CGTSI), an undertaking of the government of India and the Small Industries Development Bank of India (SIDBI) would prove to be helpful to...
#bank#guarantee#SME financing
Export credit to the pharmaceutical industry increased by 30 percent to Rs16,200 crore in 2005-2006 from Rs12,682 crore in 2004-2005.…
ICICI Bank announced a Rs100-crore fund to support innovation and development of green businesses in India. (more…)
The Apex Chamber of Commerce and Industry today said the business of small and medium sector enterprises had been adversely…
The new rules will make unrated loans equivalent to investments in a speculative grade company as both require 150% weighting. Loans…
#bank#bonds#risk
The large number of SMEs in the pharmaceutical sector may be allowed to give a higher trade margin to chemists…
The Confederation of Indian Industry (CII) has sought increased banking exposure and infrastructure status for the steel industry along with…
The Reserve Bank of India (RBI) is planning to create a regulatory framework to monitor factoring business in the country.…
#bank#financial services#international
Global Trade Finance (GTF), the non-banking finance company set up to provide factoring services, whose Indian offices to date have…
The Northeast Indiana Innovation Center is about to enter the venture-capital business. Like several other business incubators in Indiana and…
Global Trade Finance Ltd, a leading provider of trade finance to small- and medium-sized enterprises, has reported a 253% jump…
Experts who gathered at the seminar SME - The World of Opportunities held in Mumbai on Wednesday reiterated the role…
#bank#international#management
There is an increasing demand from corporates for other services like factoring-domestic and export, private equity placement, venture capital, capital…