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India

SIDBI to benefit from external commercial borrowing

The Small Industries Development Bank of India (SIDBI) has said it would be first finance company to raise funds through external commercial borrowing (ECB) after the government comes out with the necessary guidelines. (more…)

#bank#Boost#i

IFC to help strengthen India’s credit framework, expand SME’s...

The International Finance Corporation (IFC) and India s government-owned central mortgage registry are developing an expanded database of types of…


SIDBI to get serious about factoring

SIDBI creates awareness of factoring among MSME units The Small Industrial Development Bank of India (SIDBI) today said it is…

#bank#MSME#SIDBI


RBI to license independent factors

The Reserve Bank of India has announced a new category of non-banking financial companies - Nonbanking Financial Company-Factor (NBFC-Factor). (more…)

#assignment#assignment of receivables#bank


Sidbi to create receivables finance arm

The Small Industries Development Bank of India is planning to extend its bill discounting service. (more…)

#bank#guarantee#MSME


India Factoring looks to double its business

India Factoring and Finance Solutions Pvt Ltd aims to reach Rs.4,000 crore factoring volume in 2012. (more…)


SIDBI to raise SMEs funds and focus on factoring

The Small Industries Development Bank of India (SIDBI) plans to raise an additional Rs 17,000 crore from different lines of…

#bank#exports#international


SMEs use their own means to fight the inflation

Crisil: For 53pc SMEs, bank funding means pipe-dream. (more…)

#bank#funding#interest rates


Mahindra Satyam to channel 'Oxygen' to SMEs

Mahindra Satyam and Oxygen Finance launch accelerated payments program for SMEs. (more…)

#cloud#financial services#guarantees


ICICI Bank, Yes Bank ink deal with Exim Bank...

India's private lenders ICICI Bank and Yes Bank today signed a collaborative deal with the Export -Import Bank of Malaysia…


Factoring in India: Overview of the New Factoring Act

Factoring in India: Overview of the new Factoring Act   In the absence of a consolidated legal framework regulating factoring in…


Mahindra Finance to venture into small biz lending

Mahindra Finance plans to take its first step into corporate lending this year with small and medium enterprise (SME) financing.…

#financial services#insurance#SME financing

India Factoring adds new state to its regional network

India Factoring Finance Solutions starts operations in Maharashtra. (more…)

#India Factoring#smes#trade

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