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The State Bank of India (SBI) has decided to purchase whole-turnover insurance cover against all export advances, instead of being selective in certain cases. (more…)
#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
Biz2Credit, a recently launched online platform in India that assists SMEs with their loan requirements has made a series of…
The Reserve Bank of India (RBI) has increased the ceiling rate on export credit in foreign currency by 150 basis…
#bank#interest rates#international
The Indian government has approved amendments to the Export-Import Bank Act to improve its ability to increase credit to exporters…
#bank#exporters#international
Struggling Indian airline Kingfisher has fallen into deeper financial crisis as it cancelled more flights this week and saw shares…