May 03, 2013 01:55 PM IST
Incubators, accelerators launch hunt for a winning social enterprises and change leaders
- Apr 16, 2013 07:29 PM IST
CRISIL has assigned grade 5/5 to the proposed IPO of Just Dial. This grade indicates that the fundamentals of the IPO are strong relative to other listed equity securities in India.
- Apr 15, 2013 03:18 PM IST
DCB's fourth quarter net profit doubled from about Rs 17 crore to Rs 34 crore year-on-year driven by higher interest income. MD & CEO Murali Natrajan said the bank's full year growth in advances stood at 25 percent and deposits growth at 32 percent.
- Mar 01, 2013 07:44 PM IST
The Union Minister of Finance may be lauding himself for having given the so called boost to the entrepreneurial spirit by turning attention to
- Jan 16, 2013 01:12 PM IST
In an interview to CNBC-TV18, Murali M Natrajan, managing director and chief executive officer, DCB gives his expectationss for the bank's performance.
- Jan 01, 2013 06:00 PM IST
Emkay Global Financial Services has come out with its report on banking sector. According to the research firm, as the loan growth has been sustained by higher working capital requirements and consumer loans due to festive season, the loan growth is expected to come off to ~16% in Dec-Jan period.
- Sep 16, 2012 03:43 PM IST
Small Industries Development Bank of India (Sidbi) is targeting a four-fold jump in its fee income over next five years as it launches a slew of service oriented products to help small businesses raise funds.
- Sep 14, 2012 07:40 PM IST
In niche products, it may not be viable for the foreign investors to build capacities wherever they engage in retailing, owing to the specialized requirements of quality and precision which the local small industry may not be able to provide.
- Sep 12, 2012 09:00 PM IST
The Confederation of Indian Industry will set up a centre of excellence for innovations that will focus on micro, medium and small enterprises in Kerala.
- Sep 11, 2012 05:34 PM IST
To encourage entrepreneurship among young educated people, the finance ministry has initially identified four small size banks including Dena Bank, Oriental Bank of Commerce (OBC), Corporation Bank and Indian Bank to kick start a special campaign in extending credit to MSME sector in association with SIDBI. It eyes 110 such branches.
- Aug 09, 2012 12:19 PM IST
Study offers solutions to help India small business adopt technology.
- Jul 31, 2012 02:43 PM IST
Industry body CII said it is in the process of working with banks and other financial institutions to address concerns over access to funds for micro, small and medium enterprises (MSME).
- Jul 12, 2012 07:29 PM IST
The Reserve Bank of India has asked banks and financial institutions to follow the "guidelines in letter and spirit" for providing credit to the MSME sector.
- Jul 02, 2012 01:47 PM IST
Union Bank has cut its lending rates for some segments that is the medium and small enterprises by 50-350 basis points.Debabrata Sarkar, CMD, Union Bank said that it is a part of their endeavour to give special emphasis to agriculture, retail advances, micro and small enterprises.
- Jun 15, 2012 01:54 PM IST
India's largest lender the State Bank of India (SBI) has decided to buy credit guarantee cover for its loans below Rs 1 crore to micro and small enterprises (MSE), which are more prone to defaults in an environment of economic gloom and doom. This will help the bank to recover loan amount in case any borrower stops repaying.
- Jun 14, 2012 06:44 PM IST
CRISIL Research has assigned a CRISIL IPO grade of '5/5' to the proposed IPO of Just Dial Ltd. This grade indicates that the fundamentals of the IPO are strong relative to the other listed equity securities in India.
- May 28, 2012 04:34 PM IST
DCB CFO Bharat Sampat tells CNBC-TV18 that the bank's chief source of pressure emanates from last quarter's priority sector lending which was at lower than commercial rates.
- May 21, 2012 10:51 AM IST
Many small and medium enterprises face challenges in mobilizing capital for their business. This challenge is much more severe for start-up businesses.
- May 15, 2012 09:20 PM IST
Syndicate Bank does not count among the market‘s favoured bets in the banking sectors at the moment. In the last one year, the bank‘s shares tanked 21%, compared to a 14% decline in the benchmark Bankex. Declining profits and lack of a clear growth plan were the key factors for the underperformance.
- Apr 27, 2012 10:44 AM IST
MSMEs in India have always been a growing sector in the Indian economy. However, the importance of reforms for the MSME has never been a continuous issue for the policy makers and stakeholders.
- Apr 20, 2012 06:07 PM IST
It is not uncommon to hear MSME owners confess they are not growing as desired or that they are stuck in a lower orbit when they have the capability to grow three to four times their existing levels.
- Mar 29, 2012 05:38 PM IST
SME Rating Agency of India Ltd (SMERA) has assigned its 15,000th SME Credit Rating to M/s Magnum Pigments & Polymers Pvt Ltd. The Credit Rating assigned to M/s Magnum Pigments & Polymers Pvt Ltd is "MSME 1", which is highest safety Credit Rating assigned to a MSME.
- Feb 21, 2012 04:40 PM IST
The RBI committee under the current Union Bank Chairman MV Nair has come out with their recommendations on lending to priority sector. It has reviewed the existing guidelines on lending to priority sector categories including agriculture, MSME, export, etc.
- Feb 03, 2012 08:00 PM IST
The apex body of exporters today requested the Finance Ministry to cap interest rates on loans to small and medium business units at 7% and sought the inclusion of export credit under priority sector lending in the forthcoming Budget.
- Jan 06, 2012 01:12 PM IST
SIDBI, a state-owned institution for financing and development of industries in the micro, small & medium enterprise (MSME) and Chennai-based Indian Overseas Bank (IOB) on Friday inked a memorandum of understanding (MoU) to provide growth capital to promoters of smaller size companies.