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Bankers today asked the Reserve Bank of India (RBI) to formulate a uniform definition of medium enterprises and standardise (more…)
#bank#credit risk#risk
HSBC is launching factoring services, as part of its initiatives for the small- and medium-sized enterprise (SME) sector (more…)
#bank#credit protection#smes
The newly-formed SME Bank, a government-owned bank devoted entirely to the development of small- and medium-sized enterprises (SMEs), will commence…
#bank#banks#funding
Standard Poor's (S P) Ratings Services raised its long-term ratings by one notch to (more…)
Software firm 3i Infotech, formerly ICICI Infotech, will invest in product development and (more…)
#acquisition#international#management
Mumbai-based Global Trade Finance Pvt Ltd (GTFL), a factoring and forfaiting services company, is planning to (more…)
#bank#bonds#global trade
Korea's regional banks are expanding loans to small- and medium-sized enterprises (SMEs), but Seoul-based major lenders are (more…)
#bank#insolvency#risk
Many Korean companies are competitive. But they cannot survive without the proper finance (more…)
#bank#exporters#financial services
The Export and Import Bank of India (Exim Bank) chairman T C Venkat Subramanian announced that the bank will be…
#bank#bonds#Exim Bank
The country's largest and second largest bank, SBI and ICICI Bank and the largest foreign bank, Standard Chartered Bank, have…
#bank#international#management
It is something new for the domestic banking industry. It is a wholly foreign-invested bank with Thai and German interests,…
The Reserve Bank of India (RBI) has decided to assign the Public Sector Banks (PSBs) the task of fixing their…
Small- and medium-sized enterprises (SMEs) are expected to receive a boost as rating agencies launch (more…)