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India

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 scheme finance is available to (more…)

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)…


Bank of Baroda and SMERA MoU for SME rating

Bank of Baroda and The Small and Medium Enterprises Rating Agency of India Ltd (SMERA) have signed a Memorandum of…

#bank#risk#SME financing


Creating the Factors Association of India – Inteview with...

From March 2006, India s factoring industry will have its very own association the Factors Association of India (FAI). Representing…


Factoring players to form national association

Leading factoring players in the country are to form an association for further development of the industry (more…)

#bank#banks#global trade


CRISIL assigns 'AA' rating on Global Trade Finance

The ratings on Global Trade Finance Limited s (GTF s) debt issues continue to reflect strong financial, managerial, and operational…

#bank#management#risk


Citigroup to acquire stake in rating agency

Citicorp Finance (India) Ltd today signed an MoU with SMERA, a rating agency for small firms, to jointly promote the…


Sidbi ties up with 12 banks to raise credit...

The Small Industries Development Bank of India (Sidbi) has tied up with 12 commercial banks to set up small enterprises…


Banks court SMEs to protect loan margins as agency...

Banks are courting smaller companies with attractive lending arrangements as competition squeezes earnings from retail loans, but the new effort…


Finance industry expects Government to table draft bill on...

In what would be a major relief for the small- and medium-sized enterprises (SMEs) and especially to small-scale industries (SSIs),…

Bank of India sets exim finance target

Bank of India is aiming to increase substantially its export-import finance this year with a target of (more…)

#bank#exports#international

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