SIDBI planning to widen refinance window
By Joseph Samson
Aug 2, 2011
Print    Email    RSS   

Small Industries Development Bank of India is planning to expand its refinance window seeing the increasing demand for the same from the banking industry.

According to a top official of the financial institution, it is expected to increase refinance to about Rs 30,000 crore in this fiscal as compared to Rs 22,000 crore in the fiscal prior to that.

Hike in deposit by as much as 250 bps in the past one year's time, it seems banks are finding refinance from SIDBI to hit them a lot less.

Refinance is offered by SIDBI against terms loans which banks give to industrial institutions for projects in small scale sector as well as for development, improvement and diversification projects too.

Refinance from SIDBI is free from the SLR and CRR factors.



(Comments Posted : 0) Post Your Comments
Show All Comments
 Select a product:

 Select a product:

Carnival of Indian Personal Finance Blogs #2
How to increase one’s Home Loan Eligibility
Get rid of your home loan faster
Top up loans: toppings on your home loan
Carnival of Indian Personal Finance Blogs #1

PINJORE: CaℒL Giℛℒs In PiNjOrE 09915787550...
PINJORE: CaℒL Giℛℒ In PiNjOrE 09915787550...
how to gate my home loan certificate

Canara Bank earned a profit of 60%. Feb 6, 2015
New Branch of Laxmi Vilas bank at Vijayawada Jan 30, 2015
Home loan EMIs expected to drop down Jan 21, 2015
Corporation Bank received MSME banking excellence award 2014 Jan 19, 2015
Home loan rates set to fall, after reduction in repo rate Jan 16, 2015
News Archive