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The Reserve Bank of India (RBI) has said that banks can carry out the business of factoring departmentally, without obtaining its prior authorisation, subject to conditions (more…)
#bank#invoice#Paid
The Reserve Bank of India (RBI) has allowed banks to factor export receivables on a non-recourse basis, so as to…
#bank#capital requirements#exporters
Listing expenses for small and medium enterprises in India is among the lowest worldwide and the country has seen "significant"…
#international#SME financing#smes
Group gets operational green light in Indian state (more…)
#compliance#digital#invoice
Capital provided to meet regulatory minimums following drop in performance (more…)
#bank#bonds#management
Reserve Bank of India reveals seven entities expressing interest in running new online receivables trading platform (more…)
#bank#invoice#management
Aide to regional government chief accused of defrauding Delhi-based factor (more…)
#factoring fraud#Two
Exporter seeking to make up post-shipment financing shortfall (more…)
#bank#commercial finance#smes
Financial company to offer clients of Japanese bank supply chain finance assistance (more…)
#bank#management#NBFC
News follows last week's RBI receivables exchange platform guidelines (more…)
#bank#financial services#guarantees
Reserve Bank of India confirms rules for trade receivables discounting platform (more…)
#bank#discounting platform#receivables
Finance corporation planning to sell a 25 per cent stake in IFCI Factors (more…)
#bank#financial services#investment
Threshold alterations to affect factors and other non-bank financial companies (more…)
#bank#Two