Finance, News

SBI Capital set to launch Rs 100 crore SME fund

SBI Capital Markets Ltd, the investment advisory arm of State Bank of India, is planning to float a dedicated small and medium enterprises (SME) fund with an initial corpus of Rs 100 crore in the next one and half years.

“The SME fund will be used to rope in private equity investment in SME, which otherwise is facing dearth of capital for furthering its business growth,” Rajeev Krishnan, executive vice president, SBI Capital Markets said on the sidelines of a seminar on SME here.

Click Here for more……


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.