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India

India's Global Trade non-convertible debentures rating raised

Indian rating agency Crisil, a unit of Standard Poor's, said it has upgraded its ratings. (more…)

#bank#global trade#international

Dena Bank ties up with Export Credit Guarantee Corporation

Public sector lender Dena Bank announced it has tied up with ECGC for marketing insurance-oriented products to exporters through its network…

#bank#banks#exporters


SBI weighs merger of GTF with SBI Factors

State Bank of India is looking at various options to derive value from Global Trade Finance, following the acquisition of…

#bank#global trade#management


CRISIL assigns A- & P1 ratings to 3i Infotech

Leading credit rating agency, CRISIL assigned its bank loan ratings of `A-/Stable/P1` to the various bank facilities of 3i Infotech.…


SIDBI slashes credit guarantee fee

Typically, small scale loans attract full risk weightage. However, if there is a guarantee banks are required to provide capital…

#banks#guarantee#guarantees


State Bank of India completes factoring stake purchase

Government-run State Bank of India (SBI) said on Tuesday it had completed an acquisition of 91% in an Indian factoring…

#bank#global trade#international


EFIC World Risk Developments report highlights threat to mining...

The Australian Government's export credit agency EFIC reports that mining and mineral exploration in India faces a growing threat: Naxalites.…


Govt creates fund to boost SME growth

Since SSI reservation is becoming restricted the government is creating a fund to be managed by the Small Industries and Development…


Banks refinance for factoring companies

The RBI have said that banks can extend financial assistance to support the business of factoring companies.   (more…)

#bank#banks#i


FM to launch micro credit scheme for SMEs

Union Finance Minister P. Chidambaram would officially inaugurate on February 2 the Janasree Sustainable Development Mission.' (more…)


Bank buys 91pc stake in Global Trade Finance

State Bank of India (SBI), the country's largest bank, has bought a 91% stake in Global Trade Finance (GTF), a…


Global Report: Factoring in India 2007/2008

Arvind Sonmale, Managing Director CEO of Global Trade Finance Limited gives the overview of factoring in India for the forthcoming…

Bajaj Allianz General Insurance to set up debt collection...

Bajaj Allianz General Insurance, in association with Euler Hermes, plans to set up a separate debt collection company in India.…

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