Monday, July 7, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Economy

Indian High Commission ready to help business, assures Envoy

Fiinews by Fiinews
May 2, 2020
in Economy, Investment
Reading Time: 3 mins read
A A
0
Barckays
0
SHARES
10
VIEWS
LinkedinShare on Twitter

0:00

London discusses CBILS details

The Economic Team at the High Commission of India in London is ready to assist businesses across the United Kingdom, High Commissioner Ruchi Ghanashyam has assured.

“We are finding new ways of working and organising efforts with businesses with new technologies and the Economic team of the High Commission stands ready to assist businesses from across the UK,” the envoy told a webinar on ‘Navigating COVID19: Accessing Finance through CBILS for your business’.

“The pandemic presents and undoubtedly very challenging period in our lives, though we must try and navigate these challenges safely,” said Ghanashyam.

The High Commission, in partnership with Federation of Indian Chambers of Commerce and Industry (FICCI) and India Professional Forum (IPF), organized the webinar on 1 May 2020 for the Indian Diaspora Small Businesses, Startups, Professionals in the UK as well as UK businesses in the UK India business corridor.

The session discussed issues and challenges with regards to Coronavirus Business Interruption Loan (CBIL) scheme for small businesses.

The session also explored non-banking options for obtaining funding under the CBIL scheme.

Over 60 Indian business representatives across sectors like financial services, healthcare, IT & IT services, trading, and business services participated in the webinar.

“Restarting the economy has to be done very carefully to avoid another lockdown,” advised Lord Karan Bilimoria. “It’s not a fight between health and wealth. Impatience cannot be confused with recklessness.”

“We are starting to look ahead to see how to come out the crisis, and at the CBI we refer to the three phases of restart, revival and renewal. We need a sustainable restart based on clear scientific evidence,” Lord Karan stressed.

The webinar was followed by a panel discussion on Accessing Finance through CBILS for Small & Medium Businesses.

Moderating the panel, the India Professional Forum Dr Mohan Kaul, President Dr Mohan Kaul added, “This webinar is a part of a number of joint initiatives to assist Indian diaspora businesses to continue to succeed and play an important role in strengthening the UK economy.”

The Panel Members included, Sharad Chandak, Regional Director, SBI & CEO, SBI UK; Katrin Herrling, CEO & Co-founder, Funding Exchange; Ben Davey, CEO, Barclays Ventures; Deepesh Thakrar, Senior Director, Debt Finance, OakNorth.

The panel discussed about the CBILS in detail and responded to queries and questions of the participants at length.

Barclays Ventures CEO Ben Davey said, “SMEs are the heart of our economy, the government has recognised that through the range of support schemes now available and the banking industry has an important role to play in supporting SMEs in accessing those funds.”

OakNorth Group CEO Rishi Khosla shared, “This crisis may be as bad or even worse than 2008. There will be many businesses that were strong, profitable, healthy businesses before the pandemic which will now be struggling to survive. We are trying to find ways to support these businesses and help them through this extremely difficult time.

“We want to look back on this and know that as a society, we came together to support one another, to help the vulnerable, and to protect SMEs. If we get that right, it will be a great learning for generations to come.” fiinews.com

Tags: FICCIHigh Commission of India in UK
ShareTweetShare

Related Posts

IPA
Investment

Invest: Serendipity Space raises pre-seed round

by Fiinews
July 5, 2025
0
17

Company leveraging space-based crystallization technology Serendipity Space, a pioneering space-tech company developing microgravity-based pharmaceutical manufacturing solutions, has raised its pre-seed...

Indian Steel Association
Investment

Invest: India needs $200bn for expansion of mills

by Fiinews
July 4, 2025
0
17

Infra development requires 400mt annual steel production by 2035 Capital infusion of approximately US$200 billion by 2035 for an annual...

PIB

Invest: PSBs told to strengthen credit to MSMEs

June 29, 2025
16
PIB

Invest: Minister wants further development of IFSCS

June 28, 2025
20
PIB

Invest: SMFCL to finance maritime sector

June 28, 2025
18
Capital A Logo

Invest: Manufacturers urged to embrace technology

June 25, 2025
14
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Tech: S!aP Cognus platform launched
  • Market: India gets full support of 2026 BRICS chair
  • Market: China steel imports down 47.7% in Apr-May
  • Export: India to ship non-GMO soybean to EU
  • Tender: Take care of new urban development

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.