Subsidy to MSME

Credit to India’s small enterprises sees significant growth
As per information furnished by RBI, flow of credit to micro, small and medium enterprises (MSMEs) has increased and loans outstanding against MSMEs from public sector banks has gone up from Rs.3,75,412 crore in March, 2010 to Rs.4,85,771 crore in March, 2011 (provisional).

In terms of the recommendations of the Task Force on MSMEs under the chairmanship of the Principal Secretary to the Prime Minister, the RBI has advised the banks in June 2010 to achieve a 20 per cent year-on-year growth in credit to micro and small enterprises (MSEs) and a 10 per cent annual growth in the number of micro

Dell starts financing programme for small business
Dell, the world''s third largest personal computer maker, today said it has launched a programme to provide financing option to small and medium businesses, large commercial customers and public sector in India for its products.

Bajaj Auto and SBI tie up to provide inventory finance to dealers
Bajaj Auto Ltd. country's fastest growing automobile company has tied-up with State Bank of India, the country's largest bank to offer inventory finance to its dealers.