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India

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 is yet to finalise its policy on ECBs for the new financial year. The overseas loan arrangers are not restricting...

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


Pact with WB on SMEs financing

India and the World Bank have signed a loan agreement on small- and medium-sized enterprises (SMEs) financing and development project.…

#bank#risk#SME financing


More credit likely for small firms

The Government of India is likely to increase credit flow to the small- and medium-sized enterprises (SMEs). The Government of…


Exports under deferred payment deals to get advance licence...

Exports made under deferred payment or suppliers' line of credit contract are now entitled to benefits under the advance licence…

#bank#Exim Bank#exports


For SMEs, State Bank of India follows its own...

State Bank of India (SBI) has disbursed loans worth Rs 20,537 crore during the period April-December 2004 to small- and…


Canbank Factors Q3 net up 50% , factored volume...

Canbank Factors registered a 50 per cent growth during the third quarter of the fiscal year ended 31 December 2004…

US$120m credit boost to Indian SMEs

The World Bank extended US$120 million in assistance to India to help boost credit to small companies on Friday. The…

#bank#guarantee#risk

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