Tag Archives: business loans

The bottomline for Indian businessmen: a tax-friendly Union Budget

Sameer Kochar is a businessman running a kids’ cycle manufacturing plant in Ludhiana. His business had been doing well, but has been slowly losing its luster due to the competition from cheap imports from China. Sameer has been dejected not because he failed in the business due to his lack of dedication or focus but… Read More »

SBI and Exim Bank of India has planned to give 14-yr loan for Spanish, U.S. firms' solar plant

A recent press report has said that State Bank of India (SBI) and Export-Import Bank of India (Exim Bank) have planned to provide a 14-year loan to a Spanish solar energy producer Grupo T- Solar Global SA and U.S.-based Astonfield Renewable Resources for setting up a solar plant in the country. Mr. Ameet Shah, co-… Read More »

Standard Chartered Bank has partnered with the Economic Development Board of Singapore

A recent press report said that Standard Chartered Bank has partnered with the Economic Development Board of Singapore to help its Indian clients expand in Asia by leveraging Singapore as a hub. Mr. Sumit Aggarwal, Head, Transaction Banking, Singapore, Standard Chartered Bank said that the bank has a good reputation in both Singapore and India… Read More »

Vananchal Gramin Bank – Doctor’s Plus Scheme

Purpose –           To finance qualified medical practitioners; for buying equipments (For dentists the loan also covers dental implants besides equipments.  For orthopedists, the loans also covers various replacements implants for hip knee shoulder spine etc.) Setting up clinic, nursing home, pathology labs, drug store, ambulance, computers, vehicles; Extension renovation modernization of existing Premises Eligibility –          … Read More »