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India

Union Bank to ramp up SME funding

Union Bank of India plans to lend to the small and medium enterprises (SME) segment in a big way to increase its share in total loans portfolio (more…)

#bank#funding#Union Bank

MSMED Act to govern late payment charges

Large companies that source inputs from small and tiny enterprises will now have to pay within 45 days of procurement,…


Barclays appoints commercial banking chief to drive expansion

Barclays International Retail and Commercial Banking has appointed Samir Bhatia to head up its commercial banking business in India (more…)

#bank#cash management#international


3i Infotech reveals COO for South Asia

3i Infotech Limited has announced the appointment of Anirudh Prabhakaran as Chief Operating Officer (COO) for South Asia (more…)


SIDBI to boost SME lending with more NBFC tie...

In a bid to increase loans given directly to small- and medium-sized enterprises (SMEs), the Small Industries Development Bank of…


GE plans expansion in commercial finance business

GE India is substantially scaling up its business target for 2010 it hopes to do business worth US$3bn by 2008…

#acquisition#bank#commercial finance


Cibil begins building company credit database

Credit Information Bureau (India) Ltd (Cibil) has started collecting credit data on commercial entities, including corporates, from this month (more…)


Citibank announces raft of trade finance, cash flow products

Citibank is introducing a range of financial services for small and midsize enterprises (SME) in India (more…)

#bank#exports#financial services


India’s first-ever study on the financial profiles of SMEs

Not only are Indian small- and mid-market enterprises among the most optimistic in the world, they are also among the…


3i Infotech's growth is set to continue next year

3i Infotech seems to be headed for continued strong growth in FY 2007, as the company builds further on a…

#anti-money laundering#financial services#insurance


HSBC to grow SME exposure by 30%

The Hongkong and Shanghai Banking Corporation (HSBC) in India expects lending to the SME sector to grow by 30 per…


ITC employs Exim Bank export marketing services

ITC Ltd has decided to leverage Exim Bank's services to market abroad its Mangaldeep brand of agarbattis, sourced entirely from…

Canara Bank plans brand push for its centenary

Canara Bank is preparing for an extensive brand-building initiative for its image makeover. Canara Bank has several firsts to its…

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