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India

SGI Global Factors rejigs business

Mumbai-based SBI Global Factors decides to rethink its business model. (more…)

Corp Bank to offer warehouse financing

India s Corporation Bank to partner with warehousing firm National Collateral Management Services (more…)


IFCI issues IPO

IFCI files a DRHP with the SEBI for the public issue of 39 million shares. (more…)


Cholamandalam invests Rs 55 crore in factoring subsidiary following...

Cholamandalam Factoring registered a pre-tax loss of Rs 57 crore in the second quarter of 2011, resulting in its parent…


India Factoring & Finance Solutions to spread its regional...

India Factoring Finance Solutions will target SMEs in Hyderabad (more…)


RBI to limit banks’ equity investment in factoring and...

The Reserve Bank of India asks banks to limit their shareholdings in main subsidiaries to 20 per cent of paid-up…


India Factoring goes east

India Factoring Finance Solutions (IF), a joint venture between PNB and Malta based FIMBank, Italy-based Banca IFIS and Blend Financial…


Indian factor shows impressive growth

Commercial Factors announced on Saturday 2nd July that the company has reached a milestone portfolio value of Rs 3 billion…

#bank#financial institution#leasing


SIDBI plans to grow lending to SMEs against all...

SIDBI plans to increase its SME lending by 25 per cent, despite the industry being affected by tight Central Bank…


HSBC India appoints Product Head – Factoring & Open...

HSBC India announces an appointment of Rishiraj Bhagwat as Product Head - Factoring Open Account Finance (more…)

#acquisition#assignment#management


Experian to give international credit data to Indian firms

Global information services company, Experian on Monday announced the launch of its Business Information Services in India (more…)


HSBC to start Supply Chain Finance programme in India

HSBC India launches a new system-based Reverse Factoring proposition, known as Supplier Invoice Finance Scheme (SIFS) (more…)

DBS Bank expands factoring operations in India

Singapore's DBS Bank has set up a factoring office in India (more…)

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