banks | SupportBiz



Rs 5,000 crore fund to bridge MSME credit gap

Feb 13, 2013
In a recent development, the Ministry of MSME, Government of India, declared its intention to work aggressively towards the creati...

Bank schemes solely for women entrepreneurs

Jan 22, 2013
India's private and state-run banks have several schemes targeting women entrepreneurs. This article lists 16 schemes from nine ba...

Certain financial services exempted from TDS

Jan 04, 2013
The compliance burden on India’s firms would ease a bit with the Central Board of Direct Taxes (CBDT) exempting certain financia...

‘Financial literacy a must for SMEs’

Dec 14, 2012
The availability of finance at an attractive cost is a major concern for SMEs. The Small Industries Development Bank of India (SID...

Seven steps to getting a bank loan

Nov 22, 2012
Borrowing from banks is the major source of funds and liquidity for most SMEs across India. What do banks look at when you approac...

Dilution of state ownership of India's banks 'not acceptable'

Aug 24, 2012
Tighter regulation of banks given the unstable global economic scenario; processes that facilitate easier and cheaper loan disburs...

Everything SMEs Should Know On New Currency Policy

Nov 09, 2016
As Rs 1000/500 notes will not be legal tender from today, here’s what small businesses should know about the new currency policy...

Banks Must Move From Asset-Based to Ideas-Based Funding of MSMEs

Sep 21, 2016
Enterprises come up with financially viable proposals that can attract the banks

Axis Bank, Suvidhaa Roll Out 'Nano Credit' Scheme

Aug 17, 2016
‘Nano Credit’ to offer unsecured loans of up to INR15,000 per individual, by way of a term loan or overdraft

Banks May Have To Take 40-70 % Hair Cuts In 240 Firms

Jul 01, 2016
The current cycle most of the stress is driven by stretched balance sheet, viability assessment needs to be looked at on a going c...