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India

GSTN India releases e-invoice format effective from Jan 2020

The Goods and Services Tax Network (GSTN) in India has released e-invoice format... (more…)

#electronic invoicing#GST#GSTN

India’s Lendingkart closes US$30m Series D round

Indian start-up Lendingkart has announced that it raised... (more…)

#CDC#financial services#invoice


Indian debt financing start-up raises US$21m in series C funding

...which is a debt financing startup based out of Gurgaon, has secured INR 145 crore (US$21m) in the... (more…)

#capital requirements#CDC#invoice


M1xchange sees NBFCs driving TReDs volumes

The Indian budget proposal to allow non-banking finance companies to participate in trade receivables discounting... (more…)

#bank#invoice#platforms


RBI research shows demand & supply dynamics impact trade...

RBI researchers have found some answers and now appear certain that both demand and supply-side dynamics... (more…)

#Asian Development Bank#bank#global trade


Reserve Bank of India grants NBFC licence for CredAble

A staggering number of financial technology (fintech) companies have cropped up in India over the past few years, disrupting classic…

#CredAble


German-based trade financer targets US$1bn for SMEs in India

...a digital lending platform offering finance to exporters in the small and medium enterprises (SMEs) segment, plans... (more…)

#Maersk#MODIFI


FIEO, Drip Capital to power Indian small business exports

In a bid to provide exporters with training in technology and invoice factoring, Drip Capital — a US-based fintech company…

#Drip Capital#small business


Indian Finance Minister proposes measures to support NBFCs 

The Centre has “comprehensively” dealt with the NBFC crisis... (more…)

#NBFC


Indian government issues warning against fake GST invoices

The government warned businesses against generating fake invoices to evade GST... (more…)

#compliance#fake invoices#GST


Indian MSMEs face US$240bn credit gap

Estimation of debt requirement for India's MSME sector point to colossal credit gaps with total demand far outstripping the available…

#credit gap


‘Cash-flow lending can help close credit gap for MSMEs...

While MSME’s have been facing problems of credit availability, the committee pointed that... (more…)

#bank#digital#invoice

Maruti Suzuki partners up with Bank of Baroda for...

Boasting to have one of the largest dealership networks in the country... (more…)

#Bank of Boroda

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