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The World Bank will extend a US$200 million loan to Small Industries Development Bank of India (Sidibi) by September to enhance credit to small companies. "The World Bank has agreed to give a US$150 million credit line and US$50 million...
Securitisation is a viable funding method for small finance companies because their advances generally match banks' requirements towards priority sector…
#banks#funding#investment
US-based venture capital firm Small Enterprise Assistance Funds (SEAF) will make its debut in the Indian market with its SEAF…
Industry experts have observed that foreign venture capital (VC) worth US$1.5-2.0 bn (Rs 10,000 crore) from Sidbi's SSI Fund will…
#bank#Boost#forum
Bank of Maharashtra says that it is interested in picking up International Finance Corporation's (IFC) 10% stake in Global Trade…
#bank#Exim Bank#global trade
The Karnataka State Financial Corporation (KSFC) assisted 1,300 new enterprises from various sectors during 2003-04, according to the managing director…
Atradius, a global leader in credit insurance and credit management, and The New India Assurance signed a new reinsurance treaty,…
Exporters in Karnataka with good track records can now expect minimum inspections and speedy clearances by the government for their…
Signalling a long-term stability in its foreign investment policy, India has offered to bind itself to allowing 100 per cent…
#banks#financial services#reinsurance
The Small Industries Development Bank of India (SIDBI) has decided to set up a ‘Growth Fund’ to provide risk capital/…
#bank#financial institution#risk
The Export Credit Guarantee Corporation of India (ECGC) and National Insurance Company Ltd have decided to unite to provide marine…
With large blue chip companies no longer knocking on banks' doors, bankers today are lending against the receivables of SMEs.…
The fixed deposit programme of Canbank Factors, a subsidiary of Canara Bank, is open for investment. Schemes and features Canbank…