YES Bank is planning to expand its branch network and hire more staff, as it sees growing business opportunity in corporate finance, Managing Director Rana Kapoor said.
An Industry body has sought Reserve Bank's intervention to make banks offer loans to small and medium enterprises (SME) at eight per cent to tide over the economic downturn.
The Reserve Bank of India (RBI) today asked public sector banks to enhance credit flow to fund-starved micro, small and medium enterprises and restructure MSME accounts in a time-bound manner.
The country's largest public sector bank, State Bank of India (SBI), will restructure small and medium enterprises (SME) loans in the Bengal circle, which comprises West Bengal, Sikkim and Andaman
In tune with the Reserve Bank of India’s (RBI) policy of restructuring loans for small and medium exnterprises (SMEs), Kolkata-based public sector lender United Bank of India (UBI) is planning
Despite the global downturn, the Bengal circle of State Bank of India (SBI) has set a target of Rs 2600 crore of disbursals to small and medium sector enterprises (SMEs) this financial year, a growth
SMEs welcome move; RBI sets up a system whereby banks can monitor the unhedged foreign exposure of SMEs on a regular basis
Promoters of small and medium enterprises (SMEs), who are typically the
The global banking crisis will play out a lot longer since banks need $300-500 bn to recapitalise but no longer have the revenue streams to justify anyone investing such sums in them.
The Reserve Bank of India's Internal Working Group has voiced its dissent against introducing administered interest rate regime for giving loans to small and micro enterprises.