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INFRASTRUCTURE TODAY - India's Premier Magazine for Nation Builders

Mr. T.R.Bajalia, Executive Director (SME) - IDBI speaks about the Bank's focus on the SME sector

FOR IMMEDIATE RELEASE

PRLog (Press Release) - Aug 08, 2009 -
IDBI Bank has been actively engaged in providing a major thrust to financing of SMEs. With a view to improving the credit delivery mechanism and shorten the Turn Around Time (TAT), The bank has recently developed a special business model to serve the SMEs in India.



Check what Mr. TR Bajalia, Executive Director (SME), IDBI speaks about the bank’s focus on the SME sector.  



Give us an understanding of the role played by IDBI in the financing of SMEs?

There was a shift in IDBI support to SMEs in 1990 when SIDBI was created. A part of our portfolio, which was the small scale sector, went to that organization. Thereafter IDBI wa not Continued…………  



Could you comment on the emphasis the government has laid on the financing of the SME sector?

The government is now focusing more on the SME segment. Almost 95 per cent of the manufacturing facilities are in the SME segment. Then almost 40 per cent of the manufacturing production is coming from the SME segment. Further the sector is providing Continued…………



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ASAPP Media Information Group is a transnational information and publishing house with publications across seven countries which include business magazines and journals: INFRASTRUCTURE TODAY, CONSTRUCTION WORLD, POWER TODAY, EQUIPMENT INDIA, CW INTERIORS, PROJECTS INFO, and CONSTRUCTION TENDERS & PROJECT REPORTER.

The group organizes awards and conferences; these include the annual CONSTRUCTION WORLD AWARDS, where Architects, Builders, Contractors, Equipment, & Building Material Companies in the Construction Sector are awarded in India and the Gulf; and India's first-ever infrastructure awards, the KPMG- INFRASTRUCTURE TODAY AWARDS which were held in New Delhi with Dr. Montek Singh Ahluwalia, Dy. Chairman, Planning Commission presenting the awards to deserving companies.

The organisation’s foray into research and education is through its FOUNDATION OF INFRASTRUCTURE RESEARCH STUDIES TRAINING (FIRST). FIRST is also engaged in research through a PPP with an ITI in Navi Mumbai.

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Contact Email:
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Source:ASAPP Media
Phone:022 65267837
Fax:022 24175734
Address:Monika Mishra
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City/Town:Mumbai
State/Province:Maharashtra
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Industry:Magazine, Electronic
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Last Updated:Aug 08, 2009
Shortcut:http://prlog.org/10304381
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