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VinFast Auto India (VinFast), a subsidiary of the global electric vehicle (EV) brand VinFast, has signed a Memorandum of Understanding (MoU) with Bank of Baroda, India’s leading public sector bank, to provide dealer invoice financing for its exclusive dealer network....
#invoice financing
Poonawalla Fincorp Limited (Poonawalla Fincorp) has received approval from the Reserve Bank of India (RBI) to commence factoring business operations.…
#factoring
Janata Sahakari Bank Pune (JSBL), one of India’s established cooperative banks operating across 71 branches in Maharashtra and Gujarat, has…
#trade finance
LoanTap, a digital lending platform focused on supply chain and invoice financing, has raised INR 74 crore (approx. US$8.9m) in…
#supply chain finance
Union Bank of India (UBI) has signed a Master Financier Agreement with C2FO Factoring Solution Private Limited to participate in…
In the Union Budget for FY27, the Centre proposed mandating the Trade Receivables Discounting System (TReDS) as the transaction settlement…
#invoice finance
Receivables Exchange of India Ltd (RXIL), India’s first Trade Receivables Discounting System (TReDS) platform, has announced an interim dividend of…
#invoice discounting
SC Finserv has received formal approval from the Reserve Bank of India (RBI) to commence factoring business activities, marking a…
CredAble, a global working capital technology platform, announced a strategic technology partnership with Citi to digitise its trade finance controls…
The Government of India has announced two new components under its Export Promotion Mission, committing a combined expenditure of INR…
#export finance
Mynd FinTech, a subsidiary of M1xchange, has launched UFX (Unified Financing Xperience), a consolidated supply chain finance (SCF) platform for…
DBS Bank India has extended a INR 670 crore (US$74.8m) Sustainability-Linked Trade Facility (SLTF) to Indorama India Private Limited (Indorama),…
#working capital
Finastra, a global leader in financial services software, today announced the opening of two new offices as part of its…
#payments