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India

UniCredit and ICICI target Europe–India working capital as trade...

UniCredit and ICICI Bank have signed an agreement to expand cooperation in trade finance, supply chain finance and corporate working-capital services between Europe and India, targeting businesses operating across an economic corridor where annual trade in goods and services exceeded...

#cross-border banking#EU India trade#Europe

Tech Mahindra acquires Finastra cash management software and intellectual...

Tech Mahindra has acquired Finastra's cash management software portfolio, transferring ownership of technology used by banks to manage corporate payments,…

#banking software#Finastra#Fusion Cash Management


J.P. Morgan and Asian Development Bank expand India trade...

J.P. Morgan Payments and the Asian Development Bank (ADB) are expanding their trade and working-capital finance collaboration in India through…

#Asian Development Bank#bank guarantees#India


IndiGo closes US$328m Citi and Credendo export credit financing

Indian airline IndiGo has closed a US$328m aircraft-financing transaction with Citi and Belgium's export credit agency Credendo, establishing a new…

#Airbus#aircraft finance#aviation leasing


UpTik invoice financing disbursements jump 275% in six months

Indian invoice-financing platform UpTik has reported a 275% increase in monthly disbursements over six months, providing a measure of the…

#alternative finance#financing volume#fintech


Indian exporters seek 450-day trade credit after RBI raises...

Indian exporters have called for a substantial extension of pre-shipment and post-shipment credit periods after the Reserve Bank of India…

#export credit#export finance#FIEO


Reliance plans INR100bn (US$1.04bn) ABS backed by Jio rental...

Reliance Group is planning to raise as much as INR100bn, approximately US$1.04bn at 29 September exchange rates, through an asset-backed…

#asset backed securities#Barclays#India


M1xchange completes first CGTMSE-backed TReDS receivables finance transaction

India's new credit-guarantee mechanism for trade receivables finance has moved from regulation into live use, with M1xchange completing the first…

#CGTMSE#credit guarantee#India


Arya.ag tests tokenised grain warehouse receipts on Avalanche for...

India's Arya.ag is testing a blockchain-based system linking stored grain, electronic warehouse receipts and loan status, potentially giving lenders a…

#agricultural finance#Arya.ag#Avalanche


India Factoring opens GIFT City arm to push export...

India Factoring and Finance Solutions has established a wholly owned subsidiary at GIFT City as it looks to expand its…

#export factoring#GIFT City#IFSCA


India’s upper house clears delayed-payment bill to unlock MSME...

India’s Rajya Sabha has passed legislation intended to accelerate delayed-payment disputes and strengthen the ability of micro and small businesses…

#delayed payments#India#MSEFC


Karnataka Bank targets doubling of SCF portfolio through CredAble...

Karnataka Bank has partnered with CredAble to launch its first fully digital supply chain finance platform, with the Indian lender…

#banking technology#CredAble#India

WFY’26: GIFT City IFSC – a new frontier for...

As global trade continues to evolve, financial centres that combine innovation, regulatory efficiency, and international connectivity are becoming increasingly important.…

#factoring

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