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Several MNC and Indian banks are looking at picking up stake in Mumbai-based factoring company Global Trade Finance (GTF). (more…)
#bank#exports#financial services
With non-banking financial companies (NBFCs) finding it difficult to raise funds, they have been forced to hike up lending rates…
#bank#DBS#interest rates
ECGC has decided to reduce premiums by 10% from August. Although the rate of reduction would vary from country to…
#credit risk#exporters#guarantee
Factoring company Global Trade Finance (GTF) on Tuesday signed a Memorandum of Understanding (MoU) with SME Rating Agency of India…
Exim Bank and IFC, Washington, are negotiating with a large foreign bank to sell off their stakes in Global Trade…
#bank#global trade#international
Eight co-operative banks in India have defaulted on deposit repayments during April - May 2007, forcing depositors to invoke insurance…
India's SMEs are no longer depending on banks for funding. Now, leading investment houses and private equity, or PE funds…
SME financing institution Small Industries Development Bank of India (SIDBI) has floated a private equity (PE) fund with an initial…
Credit inflow to the micro, small- and medium-sized enterprises (MSME) sector from institutional lenders has increased by 24 per cent…
Global information technology company 3i Infotech announced it has acquired a 50.5 per cent stake in 'aok In-house BPO Services'…
#ABN AMRO#American Express#bank
Global Trade Finance (GTF), the Mumbai-headquartered full-spectrum integrated trade finance company, has reported a 117% jump in its net profit…
The Global Trade Finance (GTF), will be raising an amount of Rs 2345 crore from domestic banks as well as…
GTF will raise resources worth Rs 2,345 crore in Indian currency and USD 120 million through overseas borrowing to develop…
#cash-flow#global trade#international