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India

Indian Bank carries out first discounting online

The first digitised invoice discounting on the Receivables Exchange of India (RXIL) carried out by (more…)

#bank#invoice#receivables discounting

Trade Receivables Discounting System to help against payment delays

The Indian government’s demonetisation exercise has had an impact on liquidity of Micro, Small & Medium Enterprises (MSME) in the…

#bank#payment delays#receivables


Yes Bank India to extend the use of blockchain...

Yes Bank (India's fifth largest private sector Bank, founded by Rana Kapoor in 2004) struck a partnership with (more…)

#bank#blockchain#cloud


IBM to use blockchain for SCF in India

IBM has announced that it intends to use blockchain technology to revolutionize supply chain finance across India, in cooperation with…

#blockchain#financial services#IBM


Mynd Solutions to launch receivables exchange

Mynd Solutions’s CEO has announced that it will launch an Online National Exchange for Receivables over the next three months…

#bank#receivables#receivables discounting


Tata Capital with SME finance initiative

Tata Capital, the financial services arm of the Tata Group, has announced that it has signed a Memorandum of Understanding…

#Access to Finance#financial services#smes


Invoice finance platform launching

MarketBills, an invoice finance platform, is soon to go public and the company reports that it aims to solve SMEs/MSMEs’…

#invoice#platforms#risk


RBI makes factoring a priority

The Reserve Bank of India (RBI) has announced that it has included factoring transactions under priority sector lending with an…

#bank#cash-flow#liquidity


DS-Concept provides USD1m export factoring facility in India

DS-Concept, a global commercial finance company specializing in international non-recourse factoring, has announced that it has provided a USD1m export…

#commercial finance#international#non-recourse factoring


IndoStar hires new SME head

IndoStar Capital Finance Ltd has announced that it has appointed... (more…)

#bank#Deutsche Bank#WHO


Invoice discounting platform receives funding boost

Prime Venture Partners has announced that it has invested USD750,000 in KredX, an invoice-discounting platform that connects credit-worthy MSMEs looking…

#AI#discounting platform#invoice


Atradius to open new Indian office

Atradius Collections has announced the opening of a new office in Mumbai, India. (more…)

#Atradius#economy

Unpaid bills to factoring companies will be treated as...

To prevent any possible regulatory gap/arbitrage arising out of differential regulations in identification of bad loans, exposure norms, and risk…

#bank#credit risk#international

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