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844 sick SSI units non-existent in Orissa16-NOV-09
About 844 sick small scale industries (SSIs) in Orissa having a loan outstanding of Rs 5.9 crore are not in existence. These units account for 32.27 percent of the total sick SSIs in the state.
Banks urged to convert crop loans to term loans30-OCT-09
As an immediate step towards providing relief to the population affected by drought and floods, Andhra Pradesh chief minister K Rosaiah has urged banks to convert all the crop loans sanctioned up to September 15, 2009, into term loans.
West Bengal banks disburse Rs 3,945 crore in '09 first quarter28-SEP-09
Benifitting sectors include agriculture and MSMEs.
Orissa SMEs unhappy over state level banks' functioning22-SEP-09
Small and Medium Enterprises (SMEs) in Orissa have expressed their resentment over the functioning of the State Level Bankers’ Committee (SLBC), which meets at regular intervals to monitor the flow of credit to the Micro, Small and Medium Enterprises (MSME) sector.
Banks lend Rs 782cr to MSMEs in first four months01-SEP-09
The banks in Orissa provided Rs 782.32 crore loan to the micro, small and medium enterprises (MSMEs) during the first four months of the current fiscal.
Credit plan for state up at 7.4 per cent in FY '1014-JUL-09
The state annual credit plan (ACP) for 2009-10 has been approved by the state level bankers’ committee (SLBC). The ACP envisages a growth of 7.4 per cent in the total credit to various sectors of the economy at Rs 27,359.01 crore for the year compared to the previous fiscal.
Banks to restructure loans for Aila-hit farmers12-JUN-09
Banks in West Bengal have decided to restructure loans for farmers hit by cyclone Aila in North and South 24-Parganas districts.
SLBC suggests credit for common man27-MAY-09
The study group constituted by the State Level Bankers’ Committee (SLBC) in Orissa has suggested development of appropriate credit products for common man to make the financial inclusion process more effective.
Orissa banks restructure 62,799 MSME accounts23-MAY-09
The banks operating in Orissa restructured 62,799 loan accounts of micro, small and medium enterprises (MSMEs) during 2008-09 with a view to help them tide over the difficulties arising out of economic slow down.
United Bank restructuring accounts27-MAR-09
United Bank of India (UBI) has restructured 15000 accounts, with outstanding amount of Rs 1,600 crore in the last three-four months.
Bankers to review stimulus measures13-MAR-09
Following directions from the Reserve Bank of India (RBI), the Chief Secretary of the Karnataka Government has convened a special meeting of the State Level Bankers’ Committee (SLBC) in Bangalore on March 16 to review the responses to economic stimuls measures implemented in the State.
Banks step up lending to SME sector16-FEB-09
All banks in Karnataka have taken adequate steps to assist micro, small and medium enterprises in the state worst affected by the global economic downturn, George Joseph, chairman and managing director, Syndicate Bank, said.
RBI panel to review diamond sector's woes13-FEB-09
In an attempt to mitigate the problems faced by the beleaguered diamond industry in Gujarat, the Reserve Bank of India (RBI) has decided to set up a task force comprising representatives of the state government, the State Level Banking Committee (SLBC) Convener and other bankers.
Banks told to enhance delivery of credit15-JAN-09
With the initiative of the Reserve Bank of India (RBI), the state-level banker committee (SLBC) in Uttarakhand today held a special meeting here, to assess the impact of the downturn on micro, small and medium enterprises (MSMEs), with a pledge to enhance credit delivery to them.
Banks told to increase lending to MSMEs29-DEC-08
Separate cells will be created at the district level to address the grievances of the micro, small and medium enterprises (MSME) sector with respect to sourcing loans from the banks, said RS Reddy,
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