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India

India Factoring takes ICSA to court over cheque dishonour

India Factoring and Financial Solutions has taken Hyderabad-based ICSA to court after the solutions provider to the power sector dishonoured cheques issued to the factoring services firm. (more…)

Karnataka Bank to extend finance against warehouse receipts

Karnataka Bank announces partnership with National Collateral Management Services to finance agricultural businesses. (more…)


India Factoring continues regional expansion

India Factoring sets up office in Pune. (more…)

#Banca IFIS#bank#financial services


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…

#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…

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