28 May 2020

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SME banking

4 Hiring Tips to Build an AweSME Team

There is no place for commonplace in today’s world. It’s a clear choice between flourish or flounder. This brutal law of the business jungle necessitates the inclusion of battle-ready employees in every organization’s arsenal, regardless of its size. Employees who have the skills to not just survive but grow, the mindset to not stagnate but surge ahead, the drive to not just earn but achieve are what make your business aweSME.

SMEs are high potential segment for Axis Bank

Axis Bank is eyeing to grow loans to the SME sector by 25 percent per annum over the next two years, notwithstanding concerns over their asset quality and a doubtful macroeconomic situation. 

'We will maintain the growth and will grow our SME book by 20 to 25 percent this year and the year after,” Axis Bank President, SME, Rajendra Adsul said. He said lending to SME constituted 15 percent of the bank's overall loan book, which stood at Rs 1.40 lakh crore as on September 30.

Indian Bank Comes with SME Friendly Schemes

The Indian Bank is one of the pioneers in financing the SME sector. Ms. A. Revathi, industrial development officer of Indian Bank shares the details about the bank’s policy of lending to small and medium enterprises and the bank’s various schemes,  with Small Enterprise India.com. Here are the excerpts from the interview.

It's for Her Business: Loans for Women Entrepreneurs

Indian nationalised banks have been unveiling a slew of attractive lending schemes for women entrepreneurs in a bid to promote entrepreneurship among the women folks. But are our women entrepreneurs utilising the opportunities that are open for them? Surveys at banks reveal that schemes for women are having a slow uptake.

SME Finance Solutions

The prominence of SME sector in today’s world is amply recognised, considering their remarkable contributions in achieving various objectives such as employment generation, generation of new entrepreneurships, contribution to national outputs and exports, and the depth they provide to the industrial base of a country’s economy.


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