Base rate for non-bank micro finance companies 10.09%: RBI

India Infoline News Service | Jun 30, 2014

The applicable average base rate for NBFC-MFIs to arrive at the interest rates they can charge their borrowers for the quarter beginning July 01 is 10.09%...... Read more

Banks need to step up lending to SME sector: RBI

India Infoline News Service | May 14, 2014
RBI, banks, SME, lending

The use of credit scoring models can go a long way in facilitating lending decisions by reducing costs and increasing service levels, RBI says...... Read more

Bank of Maharashtra to focus on advances to SME sector

India Infoline News Service | Jan 06, 2014

At present, the public sector bank has an exposure of 11% to the retail sector and 16% to the MSME sector....... Read more

Leader Speak

Neetu Bhatia, Co-Founder and CEO, KyaZoonga

“It is growing at 60-70% compounded annual growth rate."

Vani Bajaj, Chief Mentor, ICFP and ICF

“As India makes an impact globally, the veil over the rich and unique heritage lifts. It is well known that many international designers are looking towards India for inspiration”.

R. Narayan, Founder & Chief Executive Officer, Power2sme

“We expect the company to do a business of Rs. 125 crore in the next one year. We ended the last fiscal year at Rs 20 crore.”