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India

PNB drops India Factoring

PNB sells stake in India Factoring & Financial Solutions Ltd. (IFFSL) (more…)

#bank#India Factoring

Third party payment limit withdrawn

The Reserve Bank of India has withdrawn the third party payment limit for imports of goods... (more…)

#bank#banks#channel


Trade money laundering doubles since 2009

Top government agencies set up committee to probe trade-based money laundering... (more…)

#frauds#i#trade


ECGC waits for approval to move into export factoring

ECGC is awaiting IRDA approval to start operations in the field of export factoring for MSMEs… (more…)

#exporters#exports#management


Government payment behaviour forces SMEs into debt pit

Government payment delays forces small businesses to borrow more. (more…)

#bank#payment behaviour#payment delays


Auto manufacturers creditworthiness weakens

Indian auto manufacturing slowdown provides potential bad debt problem. (more…)

#exports#Two#WHO


Yes bank receives USD150 million financing package from IFC

Indian private bank has received IFC funding to expand its SME loan book. (more…)

#bank#financial institution#international


On the current operating conditions of factoring companies in...

Following The World Bank’s 2014 ‘Doing Business’ report, Margrith comments on the current operating conditions of factoring companies in India.…

#bank#insolvencies#regulation


Redington sells stake in NBFC arm Easyaccess

Redington could get up to Rs288 crore (EUR34 million) for its financial arm. (more…)

#channel#financial services#investment


Incremental loans to MSMEs to be included in priority...

RBI will count incremental credit to MSMEs as priority sector lending news (more…)

#bank#banks


Auto part companies opt for receivables finance

With payment cycles becoming longer, more auto part manufacturers are using factoring and invoice discounting. (more…)

#banks#exports#invoice


RBI provides Rs 5000 core to fight liquidity tightness...

The Reserve Bank of India extended refinancing to Sidbi to support micro and small manufacturers and service providers. (more…)

#bank#economy#liquidity

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