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India

RBI permits banks to factor export receivables

The Reserve Bank of India (RBI) has allowed banks to factor export receivables on a non-recourse basis, so as to enable exporters to improve their cash flow and meet their working capital requirements (more…)

#bank#capital requirements#exporters

Listing cost for SMEs among lowest in India

Listing expenses for small and medium enterprises in India is among the lowest worldwide and the country has seen "significant"…

#international#SME financing#smes


Tungsten secures e-invoice approval in Rajasthan

Group gets operational green light in Indian state (more…)

#compliance#digital#invoice


IFCI Factors receives capital injection from parent after losses

Capital provided to meet regulatory minimums following drop in performance (more…)

#bank#bonds#management


RBI names institutions applying to operate TReDS

Reserve Bank of India reveals seven entities expressing interest in running new online receivables trading platform (more…)

#bank#invoice#management


Director arrested over factoring fraud

Aide to regional government chief accused of defrauding Delhi-based factor (more…)

#factoring fraud#Two


Indian textiles manufacturer agrees deal with DS-Concept

Exporter seeking to make up post-shipment financing shortfall (more…)

#bank#commercial finance#smes


Sumitomo Mitsui buys stake in Indian NBFC

Financial company to offer clients of Japanese bank supply chain finance assistance (more…)

#bank#management#NBFC


Cabinet approves Credit Guarantee Fund for Factoring

News follows last week's RBI receivables exchange platform guidelines (more…)

#bank#financial services#guarantees


TReDS guidelines finalised

Reserve Bank of India confirms rules for trade receivables discounting platform (more…)

#bank#discounting platform#receivables


IFCI looks to sell stake in factoring firm

Finance corporation planning to sell a 25 per cent stake in IFCI Factors (more…)

#bank#financial services#investment


Reserve Bank of India announces regulatory changes

Threshold alterations to affect factors and other non-bank financial companies (more…)

#bank#Two

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