Share
Email
Twitter
FacebookUnique-Concepts
Winning hearts is not too difficult with the emergence of gift wrapping industry. This industry has... read more Welcome Guest
- Franchisor login
- |
- Free Advice
- |
- Subscribe
- |
- Advertise
- |
- Feedback
- |
- Magazine
- |
- Newsletter
Small Business News
SBI Capital to pump in Rs 100 crore in SME, launches a SME fund
Last updated : August 09, 2010 17:21 IST
With an aim to bring in more capital and attract more private equity investment in the small and medium enterprises (SME), SBI Capital Markets Ltd, a wholly owned subsidiary of State Bank of India is all set to develop a SME fund with an initial amount of Rs 100 crore in the next one and half years.
In India, SME’s have not been able to generate huge interest from private players due to its low capital strength. It is expected that this new dedicated fund for small and medium enterprises will inject the fund required for its proper business growth.
This move may also lead to a fall from the contributions made by the investment advisory arm which makes up close to 60 per cent of the total revenue.
Latest News
- Exporters bullish on Q2 growth: CII survey
- Cotton exports may see 21 pc surge in 2011-12
- GM Motors to hike procurement from SMEs
- Trade on top of India-Pak talks
- SIDBI signs MoU with BEE
- China deviating from its promise
- Bank branches to come up in 43,000 new rural areas
- MSME ministry for taxation issues of PE players
- Software, services to grow to $ 225 by 220
- CII wants relaxed investment norms for PE
If you are not registered, REGISTER FREE
Latest Features
Unwrap the wrapping opportunity...
Unique-Concepts
Winning hearts is not too difficult with the emergence of gift wrapping industry. This industry has... read more
Unique-Concepts
Winning hearts is not too difficult with the emergence of gift wrapping industry. This industry has... read more 
Sportswear is considered to be a niche segment of the retail industry....
Possessing leadership traits needn't necessarily be an in- born quality. One can strive to become a...Interviews
Mouthful of sugary franchise...
Margaret McEntire,...
With over 21 years of franchising experience, Candy Bouquet is seeking expansion in India. In an... read more
Margaret McEntire,...
With over 21 years of franchising experience, Candy Bouquet is seeking expansion in India. In an... read more 
With sports retail taking off from all corners, specialised footwear has started making its presence...
If money makes the world go round, it is as important to manage it. Perfios shows you the modern way...Our Group Sites : Franchise India Exhibition| Franchise Guru| Franchise India Brands| How to Franchise| Brandesign| License India| Club City
Your use of and browsing in the Site are at your risk. Neither the Site nor any other party involved in creating, producing, or delivering the Site is liable for any direct, incidental, consequential, indirect, or punitive damages arising out of your access to, or use of, the Site. Without limiting the foregoing, everything on the Site is provided to you "AS IS" WITHOUT WARRANTY OF ANY KIND, EITHER EXPRESSED OR IMPLIED. While the Site uses reasonable efforts to include accurate and up to date information in the Site, the Site makes no warranties or representations as to its accuracy.
Copyright © 2009 - 2010 Franchise India Holdings Ltd.