It felt that like NIIF, if 49 per cent fund can be given under IAF, then getting the balance with 51 per cent will be easier for MSMEs.

State-owned Bank of Maharashtra is looking to sell stressed assets worth Rs 500 crore in an auction in September.

Weighed down by a steep rise in non performing assets to 7.86 per cent, the bank has decided to put assets worth Rs 500 crore on sale.

Bank of Maharashtra did not receive any money during the last round of recapitalisation by the government, worth around Rs 6,900 crore.

"We are not planning to hit the capital market this year. We can manage with internal accruals......we have asked for Rs 1,000 crore."

Bank of Maharastra is aiming to increase its infrastructure portfolio to 20 per cent of its total assets by 2015-16 from its present 14 per...

Small Industries Development Bank of India (SIDBI) plans to raise Rs 13,500 crore through a mix of bonds and other instruments.

SIDBI launched India Microfinance Platform, a portal which gives a comprehensive information about microfinance players in the country.

Union Finance Minister Chidambaram complimented SIDBI for being the first FI to contribute to the DICCI SME Fund and urged other FIs to do ...

The Credit Guarantee Fund for Factoring (CGFF), with the initial corpus of Rs 500 crore, is likely to be operational in the next 3-4 months.

Sidbi is targeting a four-fold jump in its fee income over next five years as it launches a slew of service oriented products to help small...

SIDBI announced its 2011-12 annual results reporting a net profit after tax of Rs 567 crores as compared to 514 crores in the previous fisc...

SIDBI today said its outstanding credit to the MSME sector increased to Rs 53,785 crore, thereby crossing the Rs 50,000 crore mark.

Sidbi said it plans to launch two schemes -- growth capital and equity assistance for MSMEs (GEMS) and FACE -- for providing funds to the M...

SIDBI said that it now offers general investors and bulk depositors an annualised yield of 9.84 per cent on its fixed deposit scheme with a...

The Small Industries Development Bank of India's (SIDBI)outstanding credit to the MSME sector increased by 22% to touch 46,331 crores in th...

IDBI Capital Market Services proposes to cash on the untapped retail broking business, particularly in north India, through 5,000 plus bank...