The Minister of State for Finance, SS Palanimanickam has announced a plan by the government to achieve a minimum annual growth of 20 per cent in credit to the SME sector. Identified as a new thrust area, the government is addressing the va
Export-Import Bank of India (Exim Bank) has extended a second Line of Credit (LOC) of $5 million to the East African Development Bank (EADB) to finance...
The Multilateral Investment Guarantee Agency (MIGA), an affiliate of the World Bank, which covers the political risks faced by investors in host countries, is targeting the small- and medium-sized enterprises sector (SMEs) of India for extending
The finance minister, P Chidambaram told press at the Andhra Pradesh State Financial Corporation (APSFC) that State finance corporations (SFCs) should consider new approaches for extending finance to small- and medium-sized enterprises (SME&rsqu