Tag: ICICI Bank

Banks develop an appetite for start-ups

In a dimly lit auditorium, three groups were called on to the stage to polite applause. Electronic music, with the bassline turned up too high, reverbed through the speakers. A couple of them smiled as they held their award to the flashlight of two cameras. Orange, which was the hallmark colour o…

Askme Group to help arrange Rs 1,000 crore of loans for 10,000 SMEs

The Askme Group will help arrange Rs 1,000 crore of loans for 10,000 online and offline small and medium enterprises that are listed on its platforms and directories by the end of financial year 2017. The finance arm of the group, Askme-Fin, has tied up with non-bank finance companies, banks and …

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…

Snapdeal assists capital needs of 1,200 SMBs with Rs 300 crore

Snapdeal’s Capital Assist programme has reached out to 1,200 small and medium-sized enterprises across 300 cities in the country and disbursed loans of around Rs 300 crore till date. The e-tailer has tied up with 25 financial institutions under its Capital Assist programme, which includes HDFC Ba…