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India

Bill seeks to extend progressive credit facilities to SMEs

The government today introduced the Small and Medium Enterprises Development Bill, 2005, in the Lok Sabha, seeking to enhance the investment cap for small-scale (SSI) units from Rs 1 crore to Rs 5 crore.  The Bill also proposes to make...

#bank#investment#management

Exim Bank loan disbursement up 64% in 2004-05

Loan disbursement by the Export Import Bank of India rose by 64 per cent to Rs 11,435 crore in 2004-05,…

#bank#bank loan#Exim Bank


HSBC plans plunge into unsecured lending to SMEs

HSBC proposes to launch unsecured lending to small- and medium-sized enterprises (SMEs) by July this year. The foreign bank, which…

#bank#bonds#receivables


Sidbi to cooperate with BoI, PNB for loan disbursals

The Small Industries Development Bank of India (Sidbi) is going to start with commercial banks on extending working capital loans…


More funds at SMEs doors

Expressing displeasure over scanty credit flow to small- and medium-sized enterprises (SMEs), the Government will set a target for SME…

#bank#banks#SIDBI


SME Bill plans to increase investment limit to Rs...

The government will raise the investment limit for small scale units from Rs 1 crore to Rs 5 crore in…


External commercial borrowing market offers factoring services

Banks and financial institutions are tapping the external commercial borrowing (ECB) market for raising short-term funds even though the government…


SIDBI to get US$120m from World Bank

Small Industries Development Bank of India (SIDBI) is expecting US$120m from World Bank and another US$30m pound from UK-based Department…


Yes Bank to raise Rs100cr capital for SMEs business

Yes Bank plans to raise Rs 100-crore Tier II capital through redeemable convertible bonds. The managing director and chief executive…


SIDBI planning to acquire stake in commercial banks

Small Industries Development Bank of India (SIDBI) today said it is in talks with 3-4 commercial banks for stake, so…

#bank#banks#liquidity


Sidbi gave Rs 11,300 cr to SSIs

Small Industries Development of Bank of India (Sidbi) disbursed Rs 11,300 crore to the small scale industry (SSI) sector during…


Sidbi, PB and OBC to set up a rating...

"Punjab National Bank, Oriental Bank of Commerce and Small Industries Development Bank of India will set up a rating agency…

Sidbi wants stake in a bank to serve SMEs

Small Industries Development Bank of India (Sidbi) has submitted a proposal to Finance Minster P Chidambaram for taking a strategic…

#bank#banks#SIDBI

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