SME Newsletter 27 August, 2010

Indian Bank eyes 35% growth in SME lending

City-based Indian Bank has said it expects around 30-35 per cent growth in lending to small and medium enterprises (SMEs) during the current year

Source: Business Standard

Govt, industry should create joint mechanism for outreach programmes

medium enterprises (MSMEs) to benefit from the outreach programmes. Stating this at an interactive session organised by Confederation of Indian Industry

Source: Orissadiary. com

Maira to meet IBA today on credit availability to MSMEs

In June, the Reserve Bank of India released a circular asking banks to achieve 20 per cent year-on-year growth in credit to MSMEs

Source: Business Standard

Pan-India seminar and expo to promote IT adoption among SMEs

In an endeavour to help SMEs reduce their IT costs by adopting the latest information and communication technologies, Dell India in collaboration with Manufacturers’ Association for Information Technology (MAIT) is scheduled to organise

Source: enterpriseheat. com

Indian Manufacturers show signs of growth

India’s SMEs who are limping behind the leaders in their respective fields required a strong foundation for their functional process. Till recently an ERP solution was a distant dream for many of them. But with the introduction of

Source: eresource

Maha, Gujarat most supportive to SMEs

Gaurav Marya, president, Franchise India said, “SMEs are the backbone of the developing nations and contribute about 8-9% of India’s GDP by providing

Source: Financial Express

Ahmedabad the best for small business

by consultancies Ernst & Young and Franchise India says. The capital of Gujarat has emerged as the best among 100 Indian cities to do small business in

Source: timesofindia

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