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India

Indian SCF platform raises US$1m funding for MSMEs

Indian supply chain financing platform, Cashinvoice has raised... (more…)

#CashInvoice#supply chain finance

Indian invoice financier goes live on government eMarketplace

The RBI registered NBFC, 121 Finance, focused on working capital finance... (more…)

#bank#invoice#purchase order


Factoring has better opportunities to develop in India

The invoice discounting, factoring, and supply chain financing is a big market globally reaching over US$3tn. The estimation of this…

#exporters#exports#invoice


BSE Tech India to start operating on TReDS

BSE-owned IT solutions provider BSE Technologies (BSE Tech) said it received in-principle approval from the Reserve Bank of India (RBI)…

#bank#platforms#regulation


Four platforms get IFSCA licence for factoring business in...

The sole regulator of the Gift City-based International Financial Service Centre of India,... (more…)

#exporters#financial services#international


Indian invoice finance platform plans partnership to attract funding...

Invoice discounting platform KredX is planning to partner with... (more…)

#KredX


India issues revised trade credit insurance guidelines

The Insurance Regulatory Development Authority of India (IRDAI) has published revised trade credit insurance... (more…)

#Irdai


Nearly 9000 NBFCs expected to start factoring after law...

Factoring law amendments have been cleared in both Houses of Parliament in the current session... (more…)

#factoring law#receivables#receivables discounting


Factoring Amendment Bill passed by Lok Sabha in India

The Lok Sabha (House of People - the lower House of Indian Parliament) passed on Monday... (more…)

#Factoring bill


Proposed change of Indian factoring law will facilitate access...

The proposed Factoring Regulation (Amendment) Bill, 2020, is expected to give micro, small and medium enterprises... (more…)

#factoring law#receivables discounting#regulation


Indian Factoring Regulation Bill to move to lower House...

Indian Finance Minister Nirmala Sitharaman is going to move the Bill to amend the Factoring Regulation Act... (more…)

#factoring regulation


Indian authority IFSCA issues norms for ITFS to provide...

The need for setting up International Financial Services Centres in India was felt in... (more…)

#IFSCA

Share of invoice discounting transacted by CPSEs via TReDS...

In November 2018, the MSME Ministry mandated all companies with a turnover of more than INR 500 crore and... (more…)

#bank#invoice#payment delays

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