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The commerce ministry has asked the Export and Import Bank of India (Exim) to work out a suitable loan package to suit the needs of the SME exporters in the pharmaceutical sector, Business Standard reports. (more…)
#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…)
IFCI files a DRHP with the SEBI for the public issue of 39 million shares. (more…)
Cholamandalam Factoring registered a pre-tax loss of Rs 57 crore in the second quarter of 2011, resulting in its parent…