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The factoring industry in India is finally coming out of its embryonic stage with several private banks, such as (more…)
Bankers today asked the Reserve Bank of India (RBI) to formulate a uniform definition of medium enterprises and standardise (more…)
#bank#credit risk#risk
HSBC is launching factoring services, as part of its initiatives for the small- and medium-sized enterprise (SME) sector (more…)
#bank#credit protection#smes
The newly-formed SME Bank, a government-owned bank devoted entirely to the development of small- and medium-sized enterprises (SMEs), will commence…
#bank#banks#funding
Software firm 3i Infotech, formerly ICICI Infotech, will invest in product development and (more…)
#acquisition#international#management
Mumbai-based Global Trade Finance Pvt Ltd (GTFL), a factoring and forfaiting services company, is planning to (more…)
#bank#bonds#global trade
The Export and Import Bank of India (Exim Bank) chairman T C Venkat Subramanian announced that the bank will be…
#bank#bonds#Exim Bank
The country's largest and second largest bank, SBI and ICICI Bank and the largest foreign bank, Standard Chartered Bank, have…
#bank#international#management
The Reserve Bank of India (RBI) has decided to assign the Public Sector Banks (PSBs) the task of fixing their…
Small- and medium-sized enterprises (SMEs) are expected to receive a boost as rating agencies launch (more…)
The business outlook survey of small- and medium-sized enterprises (SMEs), prepared by the Confederation of Indian Industry (CII), foresees a…
Indian Overseas Bank's loans to small- and medium-sized enterprises (SMEs) are likely to grow by (more…)
Contrary to the general perception, the possibility of importers defaulting in making payments is much higher if they are from…