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Government-run State Bank of India (SBI) said on Tuesday it had completed an acquisition of 91% in an Indian factoring services company for 5.2bn rupees (US$130m). The stake in Global Trade Finance Ltd was purchased from financial firms such as...
#bank#global trade#international
The Australian Government's export credit agency EFIC reports that mining and mineral exploration in India faces a growing threat: Naxalites.…
Since SSI reservation is becoming restricted the government is creating a fund to be managed by the Small Industries and Development…
The RBI have said that banks can extend financial assistance to support the business of factoring companies. (more…)
#bank#banks#i
Union Finance Minister P. Chidambaram would officially inaugurate on February 2 the Janasree Sustainable Development Mission.' (more…)
State Bank of India (SBI), the country's largest bank, has bought a 91% stake in Global Trade Finance (GTF), a…
Arvind Sonmale, Managing Director CEO of Global Trade Finance Limited gives the overview of factoring in India for the forthcoming…
Bajaj Allianz General Insurance, in association with Euler Hermes, plans to set up a separate debt collection company in India.…
Citibank India today announced that it would establish a new Japan Desk in New Delhi, India, beginning January 2008. (more…)
The Credit Guarantee Trust Fund for Micro and Small enterprises (CGTMSE), and the Government of India, has offered to guarantee…
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Higher growth of SMEs can help cut poverty to satisfactory levels by creating jobs for skilled manpower in the SME…
State Bank of India (SBI) and Coface have been short listed for buying the 52.5% stake in India s leading…
Recognizing the fact that the SME sector contributes to India's dometic production, export and industrial employment, CIBMRD is organizing its…