Advertisment

An insight on Small and Medium Enterprises Finance

author-image
CIOL Bureau
Updated On
New Update

BANGALORE, INDIA:

India has a vibrant SME sector that plays an important role in sustaining economic growth, increasing trade, generating employment and creating new entrepreneurship in India.

Advertisment

Indian SMEs require business advisory services to enhance their international competitiveness in a highly competitive globalising world. The SMEs find the services of reputed national and international consultants as not cost effective and often, not adequately focused.

Recognising this knowledge gap, Exim Bank of India has been endeavouring to provide a suite of services to its SME clients. These include providing business leads, handholding during the process of winning an export contract and thus assisting the generation of export business on success fee basis, countries/ sector information dissemination, capacity building in niche areas such as quality, safety, export marketing, etc. and financial advisory services such as loan syndication, etc.

Also read: Opportunities for Indian SMEs in Rwanda

Advertisment

DEBT RESTRUCTURING SCHEME FOR SMALL AND MEDIUM ENTERPRISES(SMEs)

Publications

Export Performance of Small and Medium Enterprises in India  Research Brief

Occasional Paper : Institutional Support to SMEs A Study of Trade and Investment Potential

Occational Paper : Institutional Support Systems for SMEs in India and International Experiences

Advertisment

AGRI FINANCE

Financial assistance is provided by way of term loans, pre-shipment/post-shipment credit, overseas buyers' credit, bulk import finance, guarantees etc. Term loans with varying maturities are provided for setting up processing facilities, expansion, modernization, purchase of equipment, import of equipment/technology, financing overseas joint ventures and acquisitions etc.

The Bank has strong linkages with other stakeholders in agri sector such as Ministry of Food Processing Industries, GoI, NABARD, APEDA, Small Farmers' Agri-Business Consortium (SFAC), National Horticultural Board etc. Apart from financing, the Bank also provides a range of advisory services to agri exporters.

The Bank also publishes a number of Occasional Papers, Working Papers on export potential of various sub-sectors in agriculture and a bi-monthly publication in different languages on global scenario in agri-business and opportunities therein.

Source: www.eximbankindia.com