MSME – RTN asia

SIDBI and AU SFB to jointly lend to small businesses

2017-10-292017-10-29 | Sanjay Kumar

AU Small Finance Bank and Small Industries Development Bank of India (SIDBI) entered into an agreement to jointly lend to small businesses. Both will earmark a corpus of Rs 100 crore for lending under the ‘AU SIDBI Joint Financing Programme’ for FY18. The program will target micro, small and medium sized enterprises in the manufacturing […]

Small enterprises face scarcity of growth capital – Assocham Crisil study

2016-09-06 | Sreejiraj Eluvangal

While Rs 45 lakh crore would be the total credit demand for the micro, small and medium enterprises sector over the medium term, about Rs 5.15 lakh crore needs to be mobilised to address the near-term requirement, noted an ASSOCHAM-Crisil joint study. “Finance related issues pose the biggest challenge among the host of other factors […]