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India

ECGC presents cheque for credit insurance

Export Credit Guarantee Corporation presented a dividend cheque of Rs.100 crore to the Union Minister of Commerce Industry. (more…)

#credit risk#exporters#exports

Money laundering pioneer delivers trade-based solution

SAS has joined with Dr. John Zdanowicz to offer a global, trade-based anti-money laundering compliance solution. (more…)

#anti-money laundering#international#International Trade


MSMEs may land 10% advances from banks

Banks may have to earmark 10% of their advances every year if the Reserve Bank of India endorses a proposal mooted by…

#bank#interest rates#SME lending


Eligible exporters to get financing

State Bank Governor said that all eligible exporters would get refinancing as per their entitlement from the scheduled banks. (more…)

#bank#exporters#exports


Basel II norms to squeeze bank credit to SSIs

Implementation of Basel II norms by the banking sector will reduce credit availability to small-scale industries, besides adding to their…

#bank#exports#funding


ICICI Bank, IBM, IFC launch SME toolkit

ICICI Bank, IBM and IFC have launched an online resource centre, to help SME's start, finance and grow their businesses. (more…)


SBI launches securitisation of carbon credit receivables

State Bank of India has signed an accord to provide one-stop solutions to industries for clean development mechanism projects (more…)

#bank#guarantees#international


LLP law to open credit doors for SMEs

SMEs can look forward to greater access to credit by the end of the year. (more…)


Long-term ratings of Global Trade Finance put on watch

Crisil has placed the non-convertible debenture issue of Global Trade Finance on rating watch with developing implications and reaffirmed the…


Exim Bank to raise Rs 12,000 crore in 2007-2008

Export-Import Bank of India is to raise Rs 12,000 crore in foreign currency and rupee loans during the current financial…


SIDBI to complete rating of 720 SMEs

The Small Industries Development Bank of India will complete the rating of 720 SME's before the end of 2007. (more…)


GE Commercial Finance appoints new CEO

GE Commercial Finance names new president and CEO of GE Commercial Finance India. (more…)

Cash in hand- how factoring helps the small fish...

Success comes with its own set of problems. Ask DK Sharma, DGM-finance at Advance Detergents, a leading manufacturer of surfactants…

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