India

CII survey reveals positive shift in SME scenario

The business outlook survey of small- and medium-sized enterprises (SMEs), prepared by the Confederation of Indian Industry (CII), foresees a positive shift

Indian Overseas Bank increases lending to SME

Indian Overseas Bank's loans to small- and medium-sized enterprises (SMEs) are likely to grow by

Defaults are high among importers from developed nations- ECGC India

Contrary to the general perception, the possibility of importers defaulting in making payments is much higher if they are from developed countries

CanBank Factors plans expansion

CanBank Factors Ltd (CBF), a subsidiary of Canara Bank, plans to open up more branches in fiscal year 2005-06 as it enters its15th year in the factoring business

Global Trade Finance eyes 50% growth in turnover

Global Trade Finance (GTF) is targeting a 50 per cent growth in turnover in 2005-2006

Financing SMEs

The flow of bank credit to small-scale industries (SSIs), never adequate for their requirements, has been even lower

Government announces package to double bank credit for SMEs

Yesterday, the government announced a major package for doubling bank credit to small- and medium-sized companies (SMEs) to Rs 1,35,000 crore, from Rs 67,600 crore last fiscal year, in 5 years and reducing their debt burden.

Big package for small enterprises

Finance minister P Chidambaram announced a policy package for small- and medium-sized enterprises (SMEs) focusing on credit enhancement and debt restructuring

Revised Doha offer would allow enhanced foreign equity limits for factoring companies

India has unveiled an ambitious market-opening offer in the banking, insurance and telecom services sectors at the World Trade Organization (WTO)

BoM plans to raise stake in Global Trade Finance

Bank of Maharashtra (BoM) is planning to increase its stake in Global Trade Finance (GTF), which is primarily engaged in the factoring business