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Small and medium enterprises (SMEs) may soon become investment hot spots in the IT segment. The department of information technology (DIT) has recommended (more…)
Shardul Thacker, of Mulla Mulla Craigie Blunt, examines changes to Non Banking Financial Companies (NBFCs) and the significance (more…)
The country's oldest but troubled financial institution IFCI may soon see the entry of a strategic investor. IFCI is the…
#bank#banks#financial institution
In line with the Union Finance Ministry's directive, Canara Bank on Tuesday said it aims to increase its exposure to…
Global Trade Finance (GTF), the joint venture factoring company started by Exim Bank of India, is planning to come out…
#bank#Exim Bank#global trade
Industrial Development Bank of India director, K Narasimha Murthy, has observed that the rate at which bank credit for the…
In order to develop the factoring market in India, the Factoring Association of India is planning to approach the Reserve Bank…
#bank#global trade#receivables
The Indian credit insurance market, still at a nascent stage and estimated at just US$40m, is expected to gather momentum…
#credit risk#political risk#reinsurance
Canbank Factors, a subsidiary of Canara Bank, has posted a 26.03% rise in net profit for the half-year ended 30 September…
Small- and medium-sized enterprises (SMEs) engaged in international trade will now find it easier to procure loans. Global Trade Finance…
#bank#international#International Trade
Yes Bank plans to set up a micro-finance subsidiary in a joint venture with possibly two US-incorporated institutions with expertise…
#bank#corporate finance#investment
Citigroup plans to double its small- and medium-sized enterprises (SMEs) credit portfolio in India in three years. The plan would…
The regulatory framework, pending in draft stage for years, must be effected to protect service providers from recovery (more…)