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The Export Credit Guarantee Corporation Of India expects service exports to account for at least 15 to 20 per cent of its total business in the next two years. Service exports at present contribute less than 5 per cent of...
#emerging markets#exporters#exports
With advances to the corporate sector slowing down, and in some cases even turning negative, small- and medium-size enterprises (SMEs)…
#bank#banks#management
The Kanara Small Industries Association (KSIA) has asked the Karnataka Government to take steps to provide adequate Budgetary support for…
#Clear#conference#crisis
Marsh Inc., the world's leading risk and insurance services firm, announced that it has received an insurance brokerage licence from…
Concerned with the inadequate availability of credit to the small-scale sector, Minister of Small Scale Industries, C P Thakur, said…
#bank#banks#Boost
The government should pave the way for opening of large fund-based private banks, specifically dedicated to small and medium enterprises…
#bank#banks#liquidity
The Chamber of Commerce (PHDCCI), in its pre-Budget memorandum, has urged the Government to review the Securitisation Act, provide longer…
#conference#financial institutions#investment
Buoyed by the opportunity for higher credit deployment in the small and medium enterprise-dominated textile sector, the National Small Industries…
Citibank has bought out portfolios of over Rs 1,000 crore in the last 14 months from non-banking financial companies (NBFCs)…
#bank#banks#funding
THE Small Industries Development Bank of India (SIDBI) will shortly make available a $40 million support fund for small enterprises,…
#bank#guarantee#guarantee scheme
The forthcoming Budget should address the two main problems of the small-scale sector, namely, the high cost of funds and…
#bank#guarantee#securitisation
Bearing in mind the current decline in the interest rate levels, the fixed deposit programme of Canbank Factors, a subsidiary…
A high level meeting in the Planning Commission today on the flow of credit to the small scale sector decided…
#bank#interest rates#late payment