The Reserve Bank of India (RBI) on November 21 said small borrowers, who have been facing the brunt of demonetisation, would get an additional 60 days to repay their credit, including agriculture and housing loans. Borrowers with loans up to Rs 1 crore from banks and finance companies would be el…
Tag: DHFL
Services NBFCs are providing to SMEs to support their growth
The Small and Medium Enterprise (SME) sector has been playing a key role in the emergence of India as one of the leading economies of the world. The sector is fomenting inclusive growth of our country by creating employment opportunities through industrialisation in the rural and semi-urban areas…
Private Banks & HFCs must play an expanded role to provide financial support to SMEs | Harshil Mehta, CEO, DHFL
Finance has typically been one of the areas of concern for the SME sector. One of India’s leading finance company, Dewan Housing Finance Ltd (DHFL), has lately expanded its portfolio by entering into SME lending segment. SMEpost.com caught up with Harshil Mehta, CEO of DHFL, in an exclusive conve…
CII arm helps SMEs secure loans of Rs. 650 crore
The SME Finance Facilitation Centre of CII has facilitated the members of Small and Medium Enterprises to receive loan from various banks to the tune of Rs. 650 crore, according to Amit Kumar Tripathi, Deputy Director, and Confederation of Indian Industry. Speaking at a session on “empowering SME…
CII to launch exclusive website to enable SME Finance
Confederation of Indian Industry will be launching an exclusive website for non-members within a month for fostering entrepreneurship, through its SME Finance Facilitation Centre. Having forwarded loans to the tune of Rs. 650 crore to 120 SME units in manufacturing, IT, ITES and other areas since…
DHFL sees five-fold jump in SME loans by 2018
Mortgage lender Dewan Housing Finance (DHFL) expects a five-fold jump in small and medium enterprises (SME) loans by 2018 as part of its business diversification plan. “With the focussed approach, we expect our SME loan portfolio to increase to Rs 5,000 crore by 2018“, DHFL Chief Exec…