Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
2010-08-09

SBI Capital to pump in Rs 100 crore in SME, launches a SME fund

With an aim to bring in more capital and attract more private equity investment in the small and medium enterprises (SME), SBI Capital Markets Ltd, a wholly owned subsidiary of State Bank of India is

With an aim to bring in more capital and attract more private equity investment in the small and medium enterprises (SME), SBI Capital Markets Ltd, a wholly owned subsidiary of State Bank of India  is all set to develop a SME fund with an initial amount of Rs 100 crore in the next one and half years.

In India, SME’s have not been able to generate huge interest from private players due to its low capital strength. It is expected that this new dedicated fund for small and medium enterprises will inject the fund required for its proper business growth.

This move may also lead to a fall from the contributions made by the investment advisory arm which makes up close to 60 per cent of the total revenue.

Related opportunities
  • Travel Agents
    About Us: Travaha is a leading B2B travel portal that is..
    Locations looking for expansion Karnataka
    Establishment year 2018
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
  • World's Largest Flower Retail Chain - Ferns N Petals Pvt...
    Locations looking for expansion New Delhi
    Establishment year 1994
    Franchising Launch Date 2000
    Investment size Rs. 5lac - 10lac
    Space required 150-300 sq feet
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New Delhi New Delhi
  • Furniture/Home Decor & Furnishing
    About Us: Commune, Founded in 1972 Furniture brand with cutting-edge design and craftsman..
    Locations looking for expansion New Delhi
    Establishment year 2019
    Franchising Launch Date 2019
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 3000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad New Delhi
  • Furniture/Home Decor & Furnishing
    About Us: At Atom, we provide customised Home Interiors and Home..
    Locations looking for expansion Karnataka
    Establishment year 2015
    Franchising Launch Date 2019
    Investment size Rs. 20lac - 30lac
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts