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The Indian government has approved amendments to the Export-Import Bank Act to improve its ability to increase credit to exporters and importers and said it would now be tabled in parliament. (more…)
#bank#exporters#international
Struggling Indian airline Kingfisher has fallen into deeper financial crisis as it cancelled more flights this week and saw shares…
The commerce ministry has asked the Export and Import Bank of India (Exim) to work out a suitable loan package…
#bank#bank loan#exporters
The Securities and Exchange Board of India (Sebi) is reviewing guidelines for the SME platform to make fund-raising easier for…
India Factoring, a joint venture between Punjab National Bank (PNB) and Malta-based FIMBank, is set to receive Rs 100 crore…
#bank#interest rates#international
The Small Industries Development Bank of India (SIDBI) plans to launch three venture capital funds worth Rs 850 crore this…
#bank#banks#liquidity
L&T Finance and National Collateral Management Services (NCMSL), one of the major agriculture-infrastructure players in India, has entered into a…
Religare Finvest Ltd (RFL), a non-banking finance company wholly-owned by Religare Enterprises, plans to remain focused on the SME sector.…
#bank#banks#funding
A parliamentary panel wants the Reserve Bank of India (RBI) to frame guidelines on pricing of factoring services to protect…
#assignment#assignment of receivables#bank
The Indian government is considering an interest subvention scheme which, for the first time, could enable the SME industry to…
#banks#exporters#interest rate
India Factoring Finance Solutions Pvt Ltd has appointed RS Reddy as their new Independent Director. (more…)
#Banca IFIS#bank#financial services
Mumbai-based SBI Global Factors decides to rethink its business model. (more…)
India s Corporation Bank to partner with warehousing firm National Collateral Management Services (more…)