State Bank of India
http://www.sbi.co.in/smallscaleind/ssi_sb_card.asp
A hassle free, convenient and novel Small Business Credit Card Scheme launched for easy credit delivery to SSI and SBF segments
Quantum : Upto Rs.5 lacs.
Assessment : SSI - Limit @ 20% of projected annual turnover (Nayak Committee)
Small Business Enterprises (Retail Traders) - Credit limit @ 20% of annual turnover declared for tax purpose or @ 20% of last 12 months turnover in the operation account, whichever is higher.
Professional and Self Employed persons - Limit based on 50% of their gross annual income as per IT Return.
http://www.sbi.co.in/smallbusifin/smallbusinessmain.asp
The Bank finances for Small Business activities which are of special significance to a large number of people as many of these activities can be started with relatively lower investment and with no special skills on the part of the enterpreneurs.
State Bank of Hyderabad
http://sbhyd.com/advances/ssiborrowers.asp
State bank of hyderabad offers SSI units enhanced services by simplifying the appraisal system for speedy sanctions. No collateral required for loans up to Rs.5 lakhs. It also waive collateral requirements for SSI units on loans of upto Rs.15 lakhs based on good track record. The working capital is sanctioned according to the Nayak committee recommendation, which is 20% of turnover or in line with the traditional method, whichever is higher.
Specialized cell at SBH Head Office, Gunfoundry, Hyderabad called Consultancy cell, offer services such as:
- Techno-economic feasibility studies
- Project appraisal and validation
- Turn-around management of sick units
- Stock audits of SME units
Vijaya Bank
http://www.vijayabank.com/
- Small Scale Industrial units engaged in the manufacture, processing or preservation of goods.-investment on plant & Machinery upto Rs.100 lakh
- Advances to Industry related small scale Industrial sector
- Loans for setting up industrial estates
NABARD
http://www.nabard.org/rural/rural.htm
Small-scale industries sector has recorded an output growth rate of 8.1 per cent during 2000-01, a growth rate higher than that of the industrial sector (5.1 per cent) as a whole. 3.37 million SSI units provided employment to 18.6 million persons and produced goods worth Rs.645.5 billion in 2000-01. During 2000-01 SSI units registered an increase of 5.0 per cent, employment grew by 4.0 per cent and exports increased by 5.0 per cent.
Indian Bank
http://www.indian-bank.com/products.htm
NER Databank
http://www.nedfi.com/nei_databank.htm
NEDFi and National Informatics Centre with assistance from North Eastern Council has created a regional resource database for the North Eastern Region (NER). The main objectives are :
- To attract fresh investment and entrepreneurial initiative by providing up to date data on the resources and infrastructure of the NER;
- To make data available at a single source and also on the internet;
- To encourage research interests on the NER;
- To classify and organize data uniformly in the NER;
- To cut down costs for the region as a whole in terms of time and money spent on data collection and tabulation by avoiding duplication of effort.
Andhra Bank
http://www.andhrabank-india.com/docs/corporation.htm - las
The Bank extends loans / advances against shares subject ot RBI and SEBI regulations.
Individual: To meet contingencies and personal needs, for subscribing to rights or new issues or Purchase in secondary market.
Share & Stock Brokers (Registered with SEBI): Need based overdraft facility or line of credit against shares and debentures. Held as stock in trade.
Market Makers: Need based finance for market operations
Corporate borrowers: For meeting promoter's contribution in the equity of new companies in anticipation of raising resources.
Other: For working capital and other productive purposes. TOWARDS MARGIN WHILE SETTING UP NEW PROJECTS OR EXPANSION OF EXISTING BUSINESS, pending mobilizations of long term resources
Small Industry Development Bank of India (SIDBI)
www.sidbi.com
Indian Banks Association
www.indianbanksassociation.org
Banking Portals in India
www.bankersindia.com
and
www.banknetindia.com
GOI directory of official sites of Banking/Financial/Insurance
http://goidirectory.nic.in/banking.html
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