Bankers have expressed willingness to lend under the Credit Guarantee Trust for Micro, Small Enterprises (CGTMSE) scheme, but have urged the entrepreneurs to come forward with sound proposals and make use of the scheme. They were speaking at an awareness ... Business Line, 4 days ago
Bankers ready to lend under CGTMSE scheme, stress on project viability - Business Line, 4 days ago
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As per the handloom census of 2009-10 total 43 As per the handloom census of 2009-10 total 43.31 lakh weavers are engaged in the handloom sector. State-wise details of handloom weavers and allied workers is given at Annexure-I. For the overall ...Press Information Bureau, 1 day ago
MSMEs being the backbone of economy have been in need of funds to grow themselves but banks have adopted an approach which has failed to meet their needs When it comes to lending for business activities, banks tend to prefer large business entities ...Money Life, 1 day ago
Entrepreneurs planning to set up micro-small enterprises need to come forward with viable proposals for the banks to be able to extend advances under the Credit Guarantee Trust for Micro, Small Enterprises Scheme (CGTMSE), bankers said. Addressing ...The Hindu, 4 days ago
The micro, small and medium sector (MSME) has received a major policy boost through a big relaxation in the benefits accorded to them through the ministry. The ministry of micro, small and medium sector has allowed use of all non tax benefits ...Business Standard India, 2 weeks ago
Bhartiya Mahila Bank: Focus on financial inclusion and promotion of entrepreneurship, not kitchen loans
Mahila Bank is apparently giving kitchen loan as per the initial press reports. Kitchen is the place where most of the women in India spend their maximum time. Surely, we want to break that paradigm, not reinforce it What's in a name? That which we ...Money Life, 2 weeks ago
Public sector lender Bank of Maharashtra, which has seen 72% decline in net profit for the second quarter on the back of more than industry loan growth, 34%, in 2012-13, is expected to see headwinds on the asset quality front. Its newly appointed ...Business Standard India, 2 weeks ago Diversifying asset-liability is the next phase of growth: Sushil Muhnot Smart Investor, 2 weeks ago
The Kerala Financial Corporation (KFC) has Rs.20 crore at its disposal to fund young entrepreneurs under the Kerala State Entrepreneur Development Mission (KSEDM) for the 2013-14 financial year. However, seven months into this fiscal, Rs.18 crore of ...The Hindu, 1 month ago
Welcome to India: State of the Indian economy, banking sector and factoring services - Opening Address by Dr. K. C. Chakrabarty, Deputy Governor, Reserve Bank of India at International Factors Group's Annual Conference on October 7, 2013 in New Delhi
(Opening Address by Dr. K. C. Chakrabarty, Deputy Governor, Reserve Bank of India at International Factors Group's Annual Conference on October 7, 2013 in New Delhi) Mr. Gerhard Prenner, Chairman, International Factors Group (IFG); Mr. Pramod ...Reserve Bank of India, 1 month ago
UCO Bank Slashes Agriculture & MSME Loans interest rates(Starting from 11.50% onwards) Revised Interest rates on Agriculture & MSME Loans up to Rs.1Cr The following interest rate shall apply to loans sanctioned/renewed on or after 1st May 2012 ...4 Traders, 2 months ago UCO Bank slashes Agriculture & MSME Loans interest rates (starting from 11.50% onwards) Noodls, 2 months ago
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