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Trade association calls on government to 'Clear backlog in...

The Kanara Small Industries Association (KSIA) has asked the Karnataka Government to take steps to provide adequate Budgetary support for the entire investment subsidy due to the small-scale units (SSIs) in the State. Addressing a news conference on Friday, primarily...

#Clear#conference#crisis

Insurance giant granted brokerage licence in India

Marsh Inc., the world's leading risk and insurance services firm, announced that it has received an insurance brokerage licence from…


SSIs still starved of credit

Concerned with the inadequate availability of credit to the small-scale sector, Minister of Small Scale Industries, C P Thakur, said…

#bank#banks#Boost


SMEs seek a dedicated bank

The government should pave the way for opening of large fund-based private banks, specifically dedicated to small and medium enterprises…

#bank#banks#liquidity


Chamber of Commerce seeks Securitisation Act review

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


Textile SMEs in line for increased credit

Buoyed by the opportunity for higher credit deployment in the small and medium enterprise-dominated textile sector, the National Small Industries…


Citibank to focus on SMEs through transportation funding

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


SIDBI to run $40m support fund for SMEs

THE Small Industries Development Bank of India (SIDBI) will shortly make available a $40 million support fund for small enterprises,…

#bank#guarantee#guarantee scheme


Budget should look to modify credit norms for SSIs

The forthcoming Budget should address the two main problems of the small-scale sector, namely, the high cost of funds and…

#bank#guarantee#securitisation


Canbank Factors: Factor of safety

Bearing in mind the current decline in the interest rate levels, the fixed deposit programme of Canbank Factors, a subsidiary…


Legislation on factoring and late payment to be considered

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


ECGD of India unveils Maturity Export Factoring scheme

Declaration of the Vallarpadam and Puthuvypeen areas as special economic zones will reduce the cost of the proposed trans-shipment terminal…

Confederation of Indian Industry Survey Shows Positive Attitudes to...

THE export scenario for the domestic small and medium sector is on an upswing for the next six months. This…

#exporters#exports#small business

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