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India

ECGC to foray into factoring services

Export Credit Guaranty Corporation of India Ltd (ECGC) is planning to foray into factoring services through (more…)

IFC to exit GTF post-IPO

Leading factoring service provider Global Trade Finance (GTF) is planning to raise an initial public offer (IPO) (more…)

#bank#Exim Bank#global trade


3i Infotech revenues up 45 per cent Q1

3i Infotech, the finance software provider, has added 45 per cent to total revenues for first quarter 2006 (more…)


SME receivable funding scheme launched

Vinod Rai, Special Secretary (Financial Sector), Union Ministry of Finance, launched three new SME funding schemes (more…)

#bank#funding#liquidity


Union Bank to ramp up SME funding

Union Bank of India plans to lend to the small and medium enterprises (SME) segment in a big way to…

#bank#funding#Union Bank


MSMED Act to govern late payment charges

Large companies that source inputs from small and tiny enterprises will now have to pay within 45 days of procurement,…


Barclays appoints commercial banking chief to drive expansion

Barclays International Retail and Commercial Banking has appointed Samir Bhatia to head up its commercial banking business in India (more…)

#bank#cash management#international


3i Infotech reveals COO for South Asia

3i Infotech Limited has announced the appointment of Anirudh Prabhakaran as Chief Operating Officer (COO) for South Asia (more…)


SIDBI to boost SME lending with more NBFC tie...

In a bid to increase loans given directly to small- and medium-sized enterprises (SMEs), the Small Industries Development Bank of…


GE plans expansion in commercial finance business

GE India is substantially scaling up its business target for 2010 it hopes to do business worth US$3bn by 2008…

#acquisition#bank#commercial finance


Cibil begins building company credit database

Credit Information Bureau (India) Ltd (Cibil) has started collecting credit data on commercial entities, including corporates, from this month (more…)


Citibank announces raft of trade finance, cash flow products

Citibank is introducing a range of financial services for small and midsize enterprises (SME) in India (more…)

#bank#exports#financial services

India’s first-ever study on the financial profiles of SMEs

Not only are Indian small- and mid-market enterprises among the most optimistic in the world, they are also among the…

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