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Scope for banks to increase SME funding by Rs 50,000 cr

 There is scope for banks to increase their lending to Small and Medium Enterprises (SMEs) by Rs 50,000 crore, stated a recent study conducted by rating agency Crisil. The CRISIL study covered more than 2,000 SMEs across the country during the period FY 2007-08 to FY 2008-09.According to the study, ...
January 4th 2011 / 0 Comment / Read More »

Exports to face heat of RBI rate hi...

A Sakthivel, President, Federation of Indian Export Organisations (FIEO) while commenting on the second quarter review of the Monetary Policy 2010-2011 stated that with overall inf...
November 2nd 2010 / 1 Comment / Read More »

Nothing seems right for exporters, ...

Wary of a volatile rupee and awaiting a rise in demand in key markets during the Christmas season, exporters, especially those from the MSME sector, are now urging the RBI to ensur...
October 30th 2010 / 0 Comment / Read More »

RBI helps SMEs with interest subsidy scheme

 In an endeavour to help manufacturing-based SMEs in sectors such as leather, jute, engineering and textiles, the Reserve Bank of India (RBI) has extended the 2% interest subsidy scheme on rupee export credit to these sectors. “Interest subsidies are always known to provide temporary relief to...
August 12th 2010 / 0 Comment / Read More »
 
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