Jul 25, 2013 10:53 PM IST
Net profit of the non-banking finance company stood at Rs 103.42 crore in the same period of previous fiscal. Total income from operations grew 17.22 percent to Rs 788.37 crore during the quarter ended June 30 as against Rs 672.58 crore in the same period previous fiscal.
- Jul 25, 2013 07:19 PM IST
The medium and small enterprise ministry said that global multi brand retailers must have to comply with mandatory 30 percent sourcing norm for small industries.
- Jun 10, 2013 07:02 PM IST
CRISIL Research believes that as organized retail companies already source a significant portion of their private label merchandise from domestic MSMEs, stipulation is unlikely to deter investments in the food and grocery space.
- May 16, 2013 06:28 PM IST
CRISIL has assigned CRISIL IPO 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. However, this grade is not an opinion on whether the issue price is appropriate in relation to the issue fundamentals.
- May 14, 2013 05:11 PM IST
United Bank of India put up a poor show in its Q4 earnings. Thanks to the rise in bad loans. However, the bank CMD Archana Bhargava is confident of bringing stress assets down in the coming quarters.
- May 03, 2013 10:19 PM IST
The MSME ministry on Friday launched a USD 4-million project in association with the Global Environment Facility (GEF to promote energy efficiency and renewable energy among small and medium enterprises.
- 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.