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Compared to 64 per cent last year, only 38 per cent of the companies are utilizing open account as their main mode of payment this year. (more…)
#credit risk#management#payment terms
Religare Finvest Limited (RFL) is to bring innovative loan services for SMEs through IndiaMart.com (more…)
#i#small businesses#SME loans
Religare Finvest Limited (RFL) partners with ... (more…)
Bill on Factoring and Assignment of Receivables finds a mention among this year s upcoming financial legislative initiatives. (more…)
Factorscan talks to Sudeb Sarbadhikary, CEO of India Factoring and Finance Solutions, the recently established factoring subsidiary of PNB and…
#bank#debt collection#regulation
Every percentage interest hike reduces SME profits 14%. (more…)
#interest#interest rate#interest rates
The government plans to offer stamp duty exemption for sale of accounts receivables. (more…)
#assignment#assignment of receivables#bank
Public sector lender Punjab National Bank (PNB) announced today the opening of its factoring operations... (more…)
MetLife India Insurance Co. Ltd. signed an agreement with United Bank of India... (more…)
The non-life insurance industry has been barred from selling any form of credit insurance, following state-owned insurer Oriental Insurance facing…
GE Capital India is planning to scale up its factoring and leasing business with State Bank of India... (more…)
The Export Credit Guarantee Corporation (ECGC) has so far made payments of Rs 300 crore against export credit insurance and…
Agriculture minister N Raghuveera Reddy on Wednesday urged his counterpart in the Union government Sharad Pawar on the immediate urgency…