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India

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


HSBC launches Digital Accounts Receivable Tool built on Identitii’s...

HSBC has announced the launch of its Digital Accounts Receivable Tool (HSBC DART) using Identitii’s tokenisation... (more…)

#bank#blockchain#cash management


India to take final decision on B2B turnover threshold...

The Indian GTS Council may take a final decision on the turnover threshold for issuance of e-invoice... (more…)

#GST#invoice#Paid

Drip Capital offers factoring to SME exporters in India...

India’s merchandise exports are estimated at US$300bn annually, and SMEs account for 40% of it... (more…)

#emerging markets#exporters#invoice

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