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India

Centurion Bank to securitise loans to SMEs

Centurion Bank would look for securitisation of some of its lending portfolios to small- and medium- sized industries, including commercial vehicles. Mr Shailendra Bhandari, managing director, Centurion Bank, was reacting to the peak season Credit Policy announcement providing for treatment...

Reserve Bank proposes prudential norms for FIs bad loans

The Reserve Bank of India (RBI) has proposed new norms for bad loans of financial institutions saying that their assets…

#bank#Exim Bank#financial institutions


SSI loans get 'core' tag, ceiling hiked to Rs...

The Reserve Bank is trying to boost credit flow to the small scale industries (SSIs) and farmers. The RBI, in…


SIDBI launches venture fund for SMEs

The Small Industries Development Bank of India (SIDBI) has launched the small- and medium- sized enterprise (SME) growth fund, a…

#bank#banks#risk


Swiss offer US$15m investment funding for SME sector

Indian small- and medium-sized enterprises (SMEs) have been asked to take advantage of the US$15m investment funding from the Swiss…


Absence of a clear legal framework hampers factoring industry

Total factoring turnover in India increased to US$1,427m in 2003, from US$1,367m the year before, according to the global industry…

#bank#global trade#international


SIDBI to hike credit to Kerala SMEs

The Small Industries Development Bank of India (SIDBI) has adopted new instruments and avenues for deploying credit to the small-…


Bank credit off take surges, deposit growth down

Commercial banks are facing a new dilemma. In a trend reversal, banks are facing a peculiar situation of falling deposit…

#bank#banks#interest rates


Sidbi venture to launch new Rs500 crore fund for...

Sidbi Venture Capital Ltd (SVCL) plans to launch a new Rs500 crore venture capital fund to help small- and medium-…


Reluctance hampers lending to Cebu SMEs

Reluctance on the part of both borrowers and lenders is hampering lending to small- and medium-enterprises (SME) in Cebu, a…


Indian Sbi-Canara bank Jv begins operations in Moscow

The Commercial Bank of India LLC (CBI), a joint venture between public sector Canara Bank (BSE:CNBK) and State Bank of…

#bank#guarantees#SBI


New panel to address woes of exporters

Reserve Bank of India (RBI) has constituted a separate Sub-Committee under the State Level Bankers Committee (SLBC) called the Sub-Committee…

S Kumars to raise US$150m to repay rupee debt

S Kumars Nationwide Ltd (SKNL) is planning to repay its rupee debt by raising US$150m (close to Rs 700 crore…

#bank#cash-flow#guarantee

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