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  • Shriram City net up 13% at Rs 117cr on MSME, retail growth Jul 25, 2013 10:53 PM IST

    Shriram City net up 13% at Rs 117cr on MSME, retail growth

    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.

  • Sourcing norms a must for small units: MSME Ministry Jul 25, 2013 07:19 PM IST

    Sourcing norms a must for small units: MSME Ministry

    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.

  • FDIs significant investments unlikely in near term: CRISIL Jun 10, 2013 07:02 PM IST

    FDIs significant investments unlikely in near term: CRISIL

    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.

  • Why CRISIL rates Just Dial as fundamentally strong company May 16, 2013 06:28 PM IST

    Why CRISIL rates Just Dial as fundamentally strong company

    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.

  • Slippages will be less in Q1, FY14: United Bank CMD May 14, 2013 05:11 PM IST

    Slippages will be less in Q1, FY14: United Bank CMD

    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.

  • $4m project launched to promote clean energy among SMEs May 03, 2013 10:19 PM IST

    $4m project launched to promote clean energy among SMEs

    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.

  • Calling All Social Entrepreneurs - Your Chance To Win May 03, 2013 01:55 PM IST

    Calling All Social Entrepreneurs - Your Chance To Win

    Incubators, accelerators launch hunt for a winning social enterprises and change leaders

  • CRISIL assigns grade 5/5 to Just Dial IPO Apr 16, 2013 07:29 PM IST

    CRISIL assigns grade 5/5 to Just Dial IPO

    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.

  • Hope to maintain NIMs at 3-3.25% ahead: DCB Apr 15, 2013 03:18 PM IST

    Hope to maintain NIMs at 3-3.25% ahead: DCB

    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.

  • Budget doesnt seem to excite MSMEs Mar 01, 2013 07:44 PM IST

    Budget doesnt seem to excite MSMEs

    The Union Minister of Finance may be lauding himself for having given the so called boost to the entrepreneurial spirit by turning attention to

  • Aim at net NPA under 1%; margins between 300-325 bps: DCB Jan 16, 2013 01:12 PM IST

    Aim at net NPA under 1%; margins between 300-325 bps: DCB

    In an interview to CNBC-TV18, Murali M Natrajan, managing director and chief executive officer, DCB gives his expectationss for the bank's performance.

  • Banking: Consumption, working capital lead growth, Emkay Jan 01, 2013 06:00 PM IST

    Banking: Consumption, working capital lead growth, Emkay

    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.

  • Sidbi eyes four-fold spike in fee income by 2017 Sep 16, 2012 03:43 PM IST

    Sidbi eyes four-fold spike in fee income by 2017

    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.

  • Why govt eased 30% outsourcing rule in single brand retail? Sep 14, 2012 07:40 PM IST

    Why govt eased 30% outsourcing rule in single brand retail?

    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.

  • CII to set up centre for innovations in Kerala Sep 12, 2012 09:00 PM IST

    CII to set up centre for innovations in Kerala

    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.

  • FinMin spots 4 banks for specialised MSME branches Sep 11, 2012 05:34 PM IST

    FinMin spots 4 banks for specialised MSME branches

    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.

  • Five Barriers To Tech Adoption Among India MSMEs Aug 09, 2012 12:19 PM IST

    Five Barriers To Tech Adoption Among India MSMEs

    Study offers solutions to help India small business adopt technology.

  • Access to finance major concern of SMEs: CII Jul 31, 2012 02:43 PM IST

    Access to finance major concern of SMEs: CII

    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).

  • RBI asks banks to follow guidelines for MSME sector Jul 12, 2012 07:29 PM IST

    RBI asks banks to follow guidelines for MSME sector

    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.

  • Emphasis on agri, retail, MSME led to rate cut: Union Bk Jul 02, 2012 01:47 PM IST

    Emphasis on agri, retail, MSME led to rate cut: Union Bk

    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.

  • SBI takes credit guarantee cover for MSE loans below Rs 1cr Jun 15, 2012 01:54 PM IST

    SBI takes credit guarantee cover for MSE loans below Rs 1cr

    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.

  • CRISIL assigns grade 5/5 to Just Dial IPO Jun 14, 2012 06:44 PM IST

    CRISIL assigns grade 5/5 to Just Dial IPO

    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.

  • Troubled by priority-loans, blessed by high capital: DCB May 28, 2012 04:34 PM IST

    Troubled by priority-loans, blessed by high capital: DCB

    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.

  • CGTMSE: Collateral free loans for SMEs May 21, 2012 10:51 AM IST

    CGTMSE: Collateral free loans for SMEs

    Many small and medium enterprises face challenges in mobilizing capital for their business. This challenge is much more severe for start-up businesses.

  • Syndicate Bank eyes 6% higher growth in FY13 retail credit May 15, 2012 09:20 PM IST

    Syndicate Bank eyes 6% higher growth in FY13 retail credit

    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.

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