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India

Innovative financing sought for small scale industries sector

The Credit Guarantee Fund Trust for Small Industries (CGTSI), set up by the Government of India and the Small Industries Development Bank of India (SIDBI), has called for innovative financing tools to pep up inflows of finance into the small-scale...

#bank#interest rates#management

Banks to give composite loan of Rs 50 lakh...

Small-scale units can now get a composite bank loan of up to Rs 50 lakh as against a maximum of…


Draft SSI law should include promotion of factoring service...

A unified law for the small-scale industry sector (SSI) that will help enhance the sector's efficiency is being drafted, according…


Karnataka SSIs top in Credit Guarantee Fund intake

Of the Rs 95 crore credit that the Credit Guarantee Fund Trust For Small Industries (CGTSI) has disbursed, Karnataka leads…

#bank#guarantee#guarantees


Canbank Factors registers a solid performance

The company registered good financial performance in the nine-month period ending December 2002. The funds deployed during this period grew…

#banks#interest#interest rate


Global Trade Finance targets domestic factoring

Global Trade Finance Pvt Ltd (GTF), receivables management and export-financing company promoted by Exim Bank of India, WestLB of Germany…

#bank#exporters#exports


ICICI Bank and five partners invest Rs 800 crore...

ICICI Bank, with five other financial intermediaries, has set up a Rs 800 crore India Advantage Fund for the equity…

#bank#guarantees#management


ECGC announces lower premiums and new products for services...

The Export Credit Guarantee Corporation of India Ltd (ECGC) has reduced premium by between 20 and 40 per cent on…


Major Exim policy package aims at service sector, US$80bn...

In a watershed Exim policy, government announced a major package for exports of services, special focus on high growth sectors…

#exports#global trade#software


Power firms await Electricity Bill before insuring receivables

Power producers will now be able to insure their receivables against non-payment of payments due as the insurance sector is…


Bank of India plans rating tool for SSIs

Bank of India (BoI) plans to introduce an exclusive Small Scale Industries (SSI) credit rating system which will take into…

#bank#interest rates#management


Taskforce calls on UK government to reimburse ECGC of...

The Taskforce on Project Exports, set up by Prime Minister’s Office in June 2002, has recommended in its report that…

Bank's revolving credit scheme for SSIs

Canara Bank has launched a new scheme for small-scale industries (SSIs) banking with it. The bank will sanction a stand-by…

#bank#interest#working capital

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