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Liquidity tightness in the banking system is likely to persist in the financial year ending March 2011, driven by rising demand for loans as compared with deposit growth, Goldman Sachs said in a note. (more…)
K.S. Subramanian, Executive Vice President at SBI Global Factors in India, provides Factorscan with an overview of the Indian factoring…
#bank#interest rates#international
The Royal Bank of Scotland Group plc has announced that it has entered into an agreement with the (more…)
HSBC is reportedly in talks to buy the Royal Bank of Scotland s (RBS) commercial and retail units in India.…
#asset based finance#bank#trade
A recent survey by Coface India on credit management and domestic payment experiences has found that only six per cent…
#management#payment practices#payment terms
Arvind Sonmale, outgoing Managing Director of Global Trade Finance talks to Factorscan about the development of the country s factoring…
#bank#exporters#management
Broking house Firstcall has recommended `Buy` on Punjab National Bank in a report released on Tuesday, pointing towards the bank…
Chairman Chief Executive of J K Bank Ltd, Dr Haseeb A. Drabu, has urged financial institutions to look to factoring…
#bank#invoice#SME lending
Secretary of the ministry for MSMEs in India, Dinesh Rai, recently gave his support to the further development of factoring…
#bank#factoring industry#financial services
The government has increased funds to be allocated to the micro, small and medium-sized enterprise (MSME) sector in its latest…
#cash-flow#exports#funding
Arvind Sonmale, Managing Director Global Trade Finance (GTF) in India, talks to Factorscan about the difficult year faced by the…
The planned merger between Global Trade Finance India (GTF) and SBI Factors has been approved to take place on (more…)
Cholamandalam DBS Finance has acquired 347,379 equity shares in Cholamandalam Factoring (CFACT) (more…)