About us Epaper Advertise Archive Calendar Rss

Wednesday, August 16, 2017

Follow @thetribunechd

HOME | NATION | WORLD | PUNJAB | HARYANA | HIMACHAL | J & K | UTTARAKHAND | CITIES | OPINION | SPORT | BUSINESS |
FEATURES

FLASH Tax incentives to industries in N-E and Himalayan states extended till March 2027: Arun Jaitley

Business

Posted at: Feb 25, 2017, 12:41 AM; last updated: Feb 25, 2017, 12:41 AM (IST)

SIDBI, Capital Small Finance Bank tie up

To provide concessional loans to MSMEs

0
Facebook Twitter Google+ Email

Print
SHARES

Tribune News Service Also in this section TOP STORIES

Chandigarh, February 24 High GST may taper
The Small Industries Development Bank of India leasing industry
growth
(SIDBI) today signed an MoU with Jalandhar-based
Capital Small Finance Bank (CSFB) to provide Gold drops below Rs
30,000, silver
concessional finance to MSMEs.
plunges Rs 800
The CSFB has 71 branches in Punjab and Chandigarh. Govt lens on mobile
makers over data
Currently, out of a total loan book of Rs 1,200 crore, security safeguards
the MSMEs account for 22%. "CSFB is the first small
India's real GDP
finance bank to tie up with SIDBI and we expect this growth to average at
pact to go a long way in promoting the MSMEs. It will 7.4% over 2017, 18:
Deutsche Bank
boost the MSE segment by reducing cost of credit to
them," said Sarvjit Singh Samra, MD, Capital Small Rupee weakens by 17
paise on strong
Finance Bank.
dollar demand
India, China troops engage
in stone pelting, fisticuffs in
eastern Ladakh
Unaware of scuffle between
PLA, Indian troops in
Ladakh: China
'84 riots: SC forms body to
examine SIT decision to
close 199 cases
NIA to investigate love
jihad claims against Kerala
man
Air India announces
Chandigarh-Bangkok flight
from Oct 6

The MoU is aimed at promoting the MSMEs through a

multi-pronged strategy comprising concessional funding at MCLR
(currently 9.6%) under refinance from SIDBI, joint financing/co-financing,
cluster development and capacity building of CSFB officials.

"The resources and expertise of our organisation in MSME financing and

outreach of the CSFB in MSME clusters of Punjab are proposed to be
leveraged. This initiative of SIDBI and CSFB will go a long way in creating a Indiabulls Home
conducive ecosystem for MSME desirous of accessing
Loans
concessional/composite funding in Punjab," said Manoj Mittal, Deputy MD,
SIDBI.

Under the MoU, promotional and developmental activities of SIDBI could

Under the MoU, promotional and developmental activities of SIDBI could
be taken up jointly with CSFB for the benefit of MSMEs in the areas of skill India's 1st completely online
development, technology and financial linkages, HR, adoption of best home loan.
practices by MSMEs, including cluster-based interventions in the areas of
technology, energy efficiency, energy saving, etc. and for promoting digital
financial inclusion initiatives.

indiabullshomeloans.com

0
Facebook Twitter Google+ Email

MORE FROM WEB

Print
SHARES

No time to back off - Monsoon are

Start killing your fat equivalent to falling
today! ill.
ANEW LIFECARE Bajaj Allianz

12 luxurious shades Start playing rummy

for a perfect rose online and win a big
gold glow bonus!
Nykaa.com Junglee Rummy

YOU MAY ALSO LIKE

Cash from trash: Help save this baby

Get more out of with a bloating
your waste stomach!
Extra Carbon Milaap

Grow online traffic with Worlds no. 1 hand dry Watch 'Deepwater Horizon', Sponsored by
targeted campaigns technology an American biopic disaster
Times Group By Workstore.in film
Amazon Prime Video

News: Doctor's weight loss Singapore, Home of Formula 4k digital magazines for 1year
story is magical. 1 Night Racing Buy @ 999/-
NutraLyfe Tickets Magzter
SINGAPORE TOURISM BOARD

CITY FOCUS Chandigarh

Around The Web From Tribune India
12-year-old
Enjoy fresh & tasty meals Mooh bola beta Shah raped in
delivered within 30 mins Rukh Khan visits Dilip Chandigarhs
FreshMenu
Kumar children traffic
park
Trade war looming 15 Aug 2017 | 2:28 PM
between India, China:
LiveInStyle CHANDIGARH:A 12-year-old girl student of
Chinese state media
a government school in Sector 23 was
India, China cannot allegedly raped by a middle-aged man
, defeat each other: Dalai suspected to be a drug addict, at Children

Refollium
Lama Traffic Park in Sector 23 on Tuesday
 morning.
You'll never buy furniture Live: PM Modi hoists Another woman complains of being
again! national flag at Red Fort stalked in Chandigarh
Rentomojo
I-Day: Badnore urges residents to come
forward for development of city
Enjoy unlimited benefits Bharat Ka Rahne Wala
Now, PGGC-11 girl harassed
with SBI Card PRIME Hoon...
SBI Card PRIME City to get 24X7 water supply soon:
Mayor
2 get jail in impersonation case
Honour for six cops who rescued
COMMENTS Varnika

All readers are invited to post comments responsibly. Any messages with foul language or 5-yr-old boy falls into drain, dies
inciting hatred will be deleted. Comments with all capital letters will also be deleted. more Chandigarh...
Readers are encouraged to flag the comments they feel are inappropriate.
The views expressed in the Comments section are of the individuals writing the post. The SCI/TECH/GADGETS/ENV.
Tribune does not endorse or support the views in these posts in any manner.
0 Comments tribuneindia
1 Login

Sort by Best
Recommend Share

Start the discussion

LOG IN WITH

Emojis in work e-mails may

OR SIGN UP WITH DISQUS ? portray low competence
Name
more Sci/Tech...

HEALTH

Be the first to comment.

Sponsored Links

Become Digital Marketing Certified in 2017 from IIM

IIM Kashipur

Check Your Name & DOB Compatibility. It Is Very Essential For Your Luck. Simple trick may help you
Knowastro.com remember carrying umbrella,
keys
more Health...

This 3 BHK Luxury Home has a Corner Kept for Your Me Time
Rustomjee

Meet the Craziest Family. Modern Family & more here

Hotstar

Godrej Chembur RERA Certified Homes Starting Rs 1.9cr

Godrej Prime Chembur

Join now to watch the story of the worlds largest man-made disaster.
Amazon Prime Video

MOST READ

India, China troops China planning to

 India, China troops China planning to
engage in stone pelting, attack India with Pak
fisticuffs in eastern help, claims Mulayam
Ladakh 15 Aug 2017 | 8:30 PM
15 Aug 2017 | 11:43 PM

Punjab CM Capt 'Doordarshan and AIR

Amarinder confers state refuse to air Tripura CMs
awards on 45 people I-Day speech'
15 Aug 2017 | 5:35 PM 15 Aug 2017 | 5:18 PM

Indian, Chinese troops CRPF COs daughter, wife

exchange sweets at unfurl flag at the spot
Nathu La on where he fell last year
Independence Day 15 Aug 2017 | 8:44 PM
15 Aug 2017 | 8:11 PM

Patriotic fervour grips Modi, Trump agree to

nation on 71st enhance peace across
Independence Day Indo-Pacific region
15 Aug 2017 | 4:25 PM 15 Aug 2017 | 5:12 PM

RERA website of PUDA Former US President Barack

hacked; pro-Pakistan Obamas Charlottesville
slogans put tweet most-liked tweet in
15 Aug 2017 | 8:52 PM history
16 Aug 2017 | 11:34 AM

HOME NATION WORLD PUNJAB HARYANA HIMACHAL J & K UTTARAKHAND AMRITSAR BATHINDA CHANDIGARH DELHI JALANDHAR LUDHIANA

OPINION SPORT BUSINESS HEALTH JOBS & CAREERS LIFE+STYLE PERSONAL FINANCE REAL ESTATE SCIENCE TECHNOLOGY SPECTRUM TRENDS CALENDAR

ABOUT US ADVERTISEMENT FEEDBACK CONTACT US

Copyright: The Tribune Trust,2015 Designed & developed by: 4C Plus