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‘Farm credit flow highest in South India, lowest in NE’

Last Updated: Tuesday, November 05, 2013, 17:49

Credit flow in the agriculture sector is highest in South India on increased awareness about the existing schemes, but lowest in the north eastern region of the country, a study by industry body Assocham said Tuesday.

MSME Min to ask banks' heads to improve credit flow to sector

Last Updated: Wednesday, October 09, 2013, 16:34

The Ministry of Micro, Small and Medium Enterprises will soon convene a meeting of chiefs of banks to persuade them to improve flow of credit to the MSME sector.

Banks need Rs 1.4 trn in non-equity core capital: Crisil

Last Updated: Thursday, February 21, 2013, 20:44

Crisil Thursday said banks will find it a bit difficult to raise Rs 1.4 trillion in non-equity based core capital to meet Basel III norms, as it could be hard to convince investors about the safety of these hybrid instruments.

RBI asks banks for adequate credit flow to productive sectors

Last Updated: Tuesday, January 29, 2013, 13:22

Noting that there has been a drop in credit to the industry so far this fiscal, the Reserve Bank on Tuesday prodded banks to ensure adequate credit flow to the productive sectors of the economy.

FM to meet bankers, CMs on credit flow, fin inclusion on Saturday

Last Updated: Friday, December 09, 2011, 22:31

Finance Minister Pranab Mukherjee is expected to review credit offtake and farm sector lending in a meeting with Chief Ministers of Eastern region and heads of PSU banks headquartered in the region in Kolkata on Saturday.

FM to meet bankers, CMs on credit flow, financial inclusion on Sep 17

Last Updated: Sunday, September 04, 2011, 16:19

Amidst concerns of economic slowdown, Finance Minister Pranab Mukherjee will review the problems concerning credit offtake and farm sector lending in a meeting with Chief Ministers of western and central region, and heads of PSU banks, in Mumbai on September 17.

Skill development, credit flow keys to MSME growth: President

Last Updated: Friday, September 02, 2011, 16:49

Asserting that Micro, Small and Medium Enterprises (MSMEs) have great potential, President Pratibha Devisingh Patil Friday stressed on the need for skill development and timely availability of credit for growth of the sector.

MSME body warns of more crisis on credit flow dips

Last Updated: Sunday, August 07, 2011, 23:27

The MSME sector has warned that if banks continued to held back funds and kept raising interest rates, the already-struggling sector will be facing more problems, including more defaults.