Factoring Amendment Bill passed by Lok Sabha in India
The Lok Sabha (House of People - the lower House of Indian Parliament) passed on Monday...
India
Proposed change of Indian factoring law will facilitate access to finance for MSMEs
The proposed Factoring Regulation (Amendment) Bill, 2020, is expected to give micro, small and medium enterprises...
Indian Factoring Regulation Bill to move to lower House of Parliament
Indian Finance Minister Nirmala Sitharaman is going to move the Bill to amend the Factoring Regulation Act...
Indian authority IFSCA issues norms for ITFS to provide trade finance
The need for setting up International Financial Services Centres in India was felt in...
Share of invoice discounting transacted by CPSEs via TReDS remains small
In November 2018, the MSME Ministry mandated all companies with a turnover of more than INR 500 crore and...
Drip Capital collaborates with SBM Bank India to offer trade finance to MSME exporters
Drip Capital, a leading fintech provider of cross-border trade finance, had announced its co
ArcelorMittal venture executes India's first 'paperless bill discounting transaction'
ArcelorMittal Nippon Steel, a joint venture between ArcelorMittal and Japan's Nippon Steel...
Indian fintech starts invoice discounting and expands to Saudi Arabia and Oman
PayMate, an Indian business-to-business payment fintech firm, has announced...
Credit gap of Indian MSMEs is estimated at US380bn
The second wave of the pandemic, which exposed weaknesses of MSMEs...
Indian invoice factoring start-up raises seed round led by Stellaris Venture Partners
In order to scale its technology and sales capabilities ...