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India

Indian MFI struggles to strike receivables securitisation deals

Bandhan Financial Services sells Rs 190 cr less loan receivables than it initially intended (more…)

Factoring and Assignment of Receivables Bill 2011 makes its...

The Factoring and Assignment of Receivables Bill, 2011 has at last made it to Parliament in India. (more…)

#assignment#assignment of receivables#bank


O/A business plunges

Compared to 64 per cent last year, only 38 per cent of the companies are utilizing open account as their…

#credit risk#management#payment terms


Religare Finvest Partners to finance SMEs through on-line market...

Religare Finvest Limited (RFL) is to bring innovative loan services for SMEs through IndiaMart.com   (more…)

#i#small businesses#SME loans


New partnership aims to close gap in SME financing

Religare Finvest Limited (RFL) partners with ... (more…)


Bill on Factoring and Assignment of Receivables acknowledged in...

Bill on Factoring and Assignment of Receivables finds a mention among this year s upcoming financial legislative initiatives. (more…)


India Factoring and Finance Solutions

Factorscan talks to Sudeb Sarbadhikary, CEO of India Factoring and Finance Solutions, the recently established factoring subsidiary of PNB and…

#bank#debt collection#regulation


Correlation between interest rate hikes and SME profits revealed

Every percentage interest hike reduces SME profits 14%. (more…)

#interest#interest rate#interest rates


Government promises to abolish stamp duty on factoring

The government plans to offer stamp duty exemption for sale of accounts receivables. (more…)

#assignment#assignment of receivables#bank


India Factoring and Finance Solution commences operations

Public sector lender Punjab National Bank (PNB) announced today the opening of its factoring operations... (more…)


MetLife Inc. Partners with United Bank of India

MetLife India Insurance Co. Ltd. signed an agreement with United Bank of India... (more…)


Euro 32 million credit insurance industry is on-hold

The non-life insurance industry has been barred from selling any form of credit insurance, following state-owned insurer Oriental Insurance facing…

GE Capital plans to grow its factoring business in...

GE Capital India is planning to scale up its factoring and leasing business with State Bank of India... (more…)

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