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Strengthening SME financing in India

Mumbai: From kirana stores to local businesses, small enterprises are central to India’s economy. According to the ministry of micro, small and medium enterprises, these firms contribute about 30% to India’s economic output and provide employment to over 111 million people. But despite this importance, India’s small firms are starved...
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India consolidates its position in outsourcing business

In the past few months, India has confronted a series of bad news: poor credit offtake, rising non-performing assets, the crisis in the shadow banking system, loan write-off offers from political parties to woo farmer votes, farmer deaths, farm distress etc. But, at least one sector is doing...
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Sundaram BNP Paribas Housing Finance to raise Rs 3,500 crore

City based Sundaram BNP Paribas Home Finance Ltd is planning to raise Rs 3,500 crore during this financial year to fund its expansion plans, managing director of the company Srinivas Acharya said. The company is a joint venture between non-banking finance firm Sundaram Finance Ltd and BNP Paribas Personal Finance....
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Opinion | Building a green finance market for India

Record-setting heat is creating problems all over Europe. Deadly forest fires have swept across Greece, Germany, Holland, Latvia, Norway, Poland and Sweden. Many countries are still on heat alerts. Outdoor barbecues have been banned. In Finland, fields that had been lush green this time of year for the...
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