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small and medium enterprises (SMEs)
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, ...
Timely payments can boost SME profi...
Small and medium enterprises (SMEs) can enhance their profits by 15 percent if they receive payments on time from their large corporate customers, says a study published on Thursda...
SMEs to explore business opportunit...
Small and Medium Enterprises (SMEs) across the globe can explore business opportunities, learn the latest market trends, establish contacts, exchange views and ideas at the Small a...
UK-based co. moots cheap loans to Indian SMEs
The Britain-based Shell Foundation has teamed up with a non-banking finance company in India IntelleCash to provide commercial loans at competitive rates to small and medium enterprises (SMEs) in energy and infrastructure sectors in the country.
The credit facility will provide short-term wor...
ArcelorMittal revises India strategy, to focus on SMEs
Facing delays in land acquisition and protests by tribals in India for its proposed units, top global steel producer AreclorMittal has revised its strategy and will now focus on small and medium enterprises (SMEs) with annual production capacities of 1.5-3 million tonnes.
The $65-billion group led ...
SBI may extend special concession scheme for SMEs
State Bank of India (SBI), is contemplating an extension in the special concession scheme for small and medium enterprises (SMEs), said Manas Kumar Nag, Chief General Manager, SME Business Unit, SBI on Wednesday.
On the sidelines of of a banking conference organised by FICCI and IBA in Mumbai, Nag ...
‘SMEs need healthy policy environment for growth & survival’
Effective central government schemes, simpler tax laws, assistance in technological upgradation, flexible labour laws, and creation of an Indian Common Market by ensuring free trade of goods across borders, are some of the key requirements of Small and Medium Enterprises (SMEs) for the growth and su...
20 sectors, mostly SMEs, to drive Indian economy: study
Twenty industrial sectors, most of them dominated by small and medium enterprises (SMEs), are likely to drive the growth of the economy and play a significant role in generating employment as well, according to a new report.
The FICCI- IMaCS Report identified sectors like Gems and Jewellery, Textil...