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The Factoring Regulation Bill allows any Indian company as a non-banking finance company, to commence Factoring by obtaining registration from the RBI. (more…)
Religare Finvest Ltd (RFL), a subsidiary of Religare Enterprises, is interested in entering the factoring business, according to its CEO.…
Indian exporters with exposure to Spain, Portugal, Ireland, Italy and Greece (SPIIG) will now have to take larger risk cover…
#exporters#exports#guarantee
The government has amended its laws to have a bigger say in the decision making of the Reserve Bank of…
#bank#Factoring bill#factoring regulation
The State Bank of India (SBI) has decided to purchase whole-turnover insurance cover against all export advances, instead of being…
#bank#conference#insolvency
Indian garment exporters have been left disappointed by the recent announcement of the Indian government to extend the rupee credit…
#bank#banks#exporters
The lower parliament of India, the Lok Sabha, has passed a bill to regulate the factoring industry and help MSMEs…
#assignment#assignment of receivables#cash management
The Reserve Bank of India has allowed microfinance institutions (MFIs) to raise External Commercial Borrowing (ECB) up to US$10 million…
#bank#banks#international
India Factoring are set to offer international factoring in the last quarter of 2011. (more…)
From now on India Factoring will offer its services in Punjab and Haryana. (more…)
Growing number of micro and small business entrepreneurs take personal loans to infuse them as capital to their businesses. (more…)
#bank#receivables#risk
The Indian government has put together a Rs 900-crore package for exporters to help them tide over the slowdown in…
#bank#crisis#exporters
Amit Agarwal, Director of Trade Products and Transaction Banking at Standard Chartered Bank, provides an overview of supply chain finance…
#bank#International Trade#invoice