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SIDBI s chief admits Factoring Act is not working as it was expected. (more…)
#bank#discounting platform#invoice
RBI committee includes loans to exporters under priority sector lending. (more…)
A consortium of 25 banks winds up petition against ECGC in Zoom Developers case. (more…)
The International Finance Corporation (IFC) has made an equity investment of US$22 million in Ratnakar Bank to support financial inclusion…
Despite new laws banks play shylock in debt recovery tribunal chaos. In a detailed judgment last month, the Supreme Court…
#bank#international#regulation
India Factoring and Finance Solutions stars factoring merchandise exports to Europe and USA. (more…)
New norms will allow corporate houses to enter banking space. (more…)
#bank#banks#financial services
The Reserve Bank of India may consider relaxing some norms such as reporting, refinance options and provisioning requirements for the…
RBI sets up panel to address exporters credit issues. (more…)
GE Capital India sells mortgage loans business. (more…)
#bank#commercial finance#financial services
IntelleGrow raises Rs10 crore from MSDF. (more…)
The International Finance Corporation (IFC) and Yes Bank plan to establish a fund to support small and growing businesses in…
Fertiliser ministry asks finance ministry to arrange a special invoice finance scheme to settle its pending subsidy bills. (more…)