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Despite new laws banks play shylock in debt recovery tribunal chaos. In a detailed judgment last month, the Supreme Court (SC) lamented the plight of debt recovery tribunals (DRT) that are set up in almost every sector, and then left...
#bank#international#regulation
The International Finance Corporation (IFC) has agreed to provide US$20 million to Khan Bank LLC, Mongolia's largest bank by assets,…
#bank#financial services#international
Deutsche Bank and GE Treasury team in Japan have developed a new cash management solution. (more…)
#bank#cash management#Deutsche Bank
Chinese shadow banking industry provides almost half of all new credits, FT reports. Chinese shadow banking industry accounts for almost…
India Factoring and Finance Solutions stars factoring merchandise exports to Europe and USA. (more…)
New norms will allow corporate houses to enter banking space. (more…)
#bank#banks#financial services
The Reserve Bank of India may consider relaxing some norms such as reporting, refinance options and provisioning requirements for the…
RBI sets up panel to address exporters credit issues. (more…)
GE Capital India sells mortgage loans business. (more…)
#bank#commercial finance#financial services
IntelleGrow raises Rs10 crore from MSDF. (more…)
The International Finance Corporation (IFC) and Yes Bank plan to establish a fund to support small and growing businesses in…
Three e-commerce giants Suning ,Alibaba and 360buy are all preparing for competition in 2012 in the financial sector. (more…)
Fertiliser ministry asks finance ministry to arrange a special invoice finance scheme to settle its pending subsidy bills. (more…)