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India

Canbank Factors posts 28% growth

Canbank Factors Limited, a cash flow solutions provider to small- and medium-sized enterprises, announced it has posted a year-on-year growth in factoring volume of (more…)

#cash flow solutions#cash-flow

3i Infotech announces results for year and quarter ended...

3i Infotech Limited, a global provider of IT solutions and services, has announced its operating results for the quarter and…


Oriental Bank of Commerce inks pact with SME Rating...

Oriental Bank of Commerce, a leading public sector bank has entered into a tie-up arrangement with SME Rating Agency of…


Euler Hermes, Bajaj Allianz tie up for SME credit...

Euler Hermes, the world s largest credit insurance company with a 34 per cent market share, has tied up with…


3i Infotech announces new acquisition

IT solutions provider 3i Infotech Ltd yesterday acquired Bangalore-based Datacons Ltd for nearly Rs 40 crore (more…)

#acquisition#automation#international


Banks may get time to meet Basel II norms

Commercial banks may get to heave a sigh of relief with the Reserve Bank of India (RBI) planning to extend…

#bank#banks#risk


Banks promise to focus on SME financing

The public sector banks in India are all set to assist the growth of small- and medium-sized enterprises (SMEs) in…

#bank#exports#SME financing


SME ratings yet to catch on, say bankers

CRISIL has tied up with seven banks and SMERA has tied up with 14, so far,  to extend ratings to…

#bank#banks#interest


Sidbi shifts to direct SME lending boosts growth

The move has been encouraged by a significant growth in its direct financing business. We shifted our focus from refinancing…

#bank#financial institution#guarantee


PNB launches Super Trade finance scheme

Punjab National Bank (PNB) has introduced a new scheme named Super Trade for financing traders and services sector. Under this…


ECGC unveils scheme to provide credit risk cover

Export Credit Guarantee Corporation of India (ECGC) and the Ministry of Commerce have set up a National Export Insurance Account…

#bank#credit risk#exports


ICICI first bank in India to provide TradeCard export...

India's second largest bank has signed a partnership agreement to offer pre- and post-export financing to customers of financial supply…

#bank#financial services#First Bank

Global Trade Finance plans IPO next year

Global Trade Finance, 40% owned by Exim Bank of India, plans to come out with its initial public offering (IPO)…

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