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India

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


Drip Capital collaborates with SBM Bank India to offer...

Drip Capital, a leading fintech provider of cross-border trade finance, had announced its collaboration with SBM Bank India to offer…

#Drip Capital


ArcelorMittal venture executes India’s first ‘paperless bill discounting transaction’

ArcelorMittal Nippon Steel, a joint venture between ArcelorMittal and Japan's Nippon Steel... (more…)

#bank#digital#ICICI Bank


Indian fintech starts invoice discounting and expands to Saudi...

PayMate, an Indian business-to-business payment fintech firm, has announced... (more…)

#PayMate


Credit gap of Indian MSMEs is estimated at US380bn

The second wave of the pandemic, which exposed weaknesses of MSMEs... (more…)

#credit gap#receivables discounting


Indian invoice factoring start-up raises seed round led by...

In order to scale its technology and sales capabilities ... (more…)

#Reevoy


Invoice discounting increased strongly on Indian TReDS during Covid

It was only during the Covid pandemic that TReDS saw an increased interest from corporates and MSMEs. Hit hard by…

#bank#invoice#platforms


Amazon leads US$10m financing in M1xchange to support invoice...

Amazon has led a US$10m financing round in M1xchange, an online invoice... (more…)

#Amazon


More than 1,500 companies registered on TReDS

The Reserve Bank of India (RBI)-regulated bill discounting mechanism ... (more…)

#bank#invoice#Invoicemart


Indian bank partners with a fintech to offer supply...

Bengaluru-based Ujjivan Small Finance Bank (SFB) has entered into a strategic partnership with ... (more…)

#Progcap

TReDS could be the solution for delayed payments in...

The second wave of COVID-19 has hit India hard. In these difficult times, Reserve Bank of India... (more…)

#bank#credit risk#invoice

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