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The Factoring Regulation Bill allows any Indian company as a non-banking finance company, to commence Factoring by obtaining registration from the RBI. (more…)
Two providers of IT solutions for transaction banking and payments, will jointly offer electronic financial supply chain services (more…)
The Shandong provincial government procurement credit guarantee pilot programme has commenced operations. (more…)
Religare Finvest Ltd (RFL), a subsidiary of Religare Enterprises, is interested in entering the factoring business, according to its CEO.…
Indian exporters with exposure to Spain, Portugal, Ireland, Italy and Greece (SPIIG) will now have to take larger risk cover…
#exporters#exports#guarantee
China Merchants Bank (CMB) and CITIC Bank plan to raise 20 billion yuan and 30 billion yuan respectively through the…
The German investment and development company, DEG, has extended a loan of USD 20 million to Eastern Bank Limited (EBL)…
#bank#investment#liquidity
The city of Shanghai is to launch new initiatives and expand existing schemes to help its 337,000 SMEs, according to…
#bonds#economy#smes
Two-thirds of loans given to SMEs in Bangladesh are used in trading, which analysts say is a threat to sustainable…
The government has amended its laws to have a bigger say in the decision making of the Reserve Bank of…
#bank#Factoring bill#factoring regulation
The State Bank of India (SBI) has decided to purchase whole-turnover insurance cover against all export advances, instead of being…
#bank#conference#insolvency
The Chinese government has created preferential procurement policies for SMEs to boost their development, according to a recent government statement.…
#banks#exports#Jobs
The Governor of the State Bank of Pakistan (SBP), has advised banks to develop an effective strategy for SMEs by…
#bank#international#SME financing