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VinFast Auto India (VinFast), a subsidiary of the global electric vehicle (EV) brand VinFast, has signed a Memorandum of Understanding (MoU) with Bank of Baroda, India’s leading public sector bank, to provide dealer invoice financing for its exclusive dealer network....
#invoice financing
Poonawalla Fincorp Limited (Poonawalla Fincorp) has received approval from the Reserve Bank of India (RBI) to commence factoring business operations.…
#factoring
Janata Sahakari Bank Pune (JSBL), one of India’s established cooperative banks operating across 71 branches in Maharashtra and Gujarat, has…
#trade finance
LoanTap, a digital lending platform focused on supply chain and invoice financing, has raised INR 74 crore (approx. US$8.9m) in…
#supply chain finance
Union Bank of India (UBI) has signed a Master Financier Agreement with C2FO Factoring Solution Private Limited to participate in…
In the Union Budget for FY27, the Centre proposed mandating the Trade Receivables Discounting System (TReDS) as the transaction settlement…
#invoice finance
Receivables Exchange of India Ltd (RXIL), India’s first Trade Receivables Discounting System (TReDS) platform, has announced an interim dividend of…
#invoice discounting
Reinforcing its longstanding commitment to Sri Lanka’s private sector, the International Finance Corporation (IFC), a member of the World Bank…
The Hong Kong Monetary Authority (HKMA) has released a road map outlining 20 measures to be implemented over the next…
SC Finserv has received formal approval from the Reserve Bank of India (RBI) to commence factoring business activities, marking a…
Yue Da International Holdings Limited has announced that its wholly owned subsidiary, Yueda Commercial Factoring, has entered into a new…
CredAble, a global working capital technology platform, announced a strategic technology partnership with Citi to digitise its trade finance controls…
The Government of India has announced two new components under its Export Promotion Mission, committing a combined expenditure of INR…
#export finance