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Srei Infrastructure Finance Ltd, a project and infrastructure finance company, has sought the removal of the curb on accessing external commercial borrowings (ECBs). The Reserve Bank of India (RBI) had barred the access of finance companies including banks to ECBs...
#bank#banks#investment
The World Bank has approved a US$120m loan to support the development of India's small-and medium-sized enterprises (SMEs). The loan…
#bank#management#risk management
Small Industries Development Bank of India (Sidbi), Punjab National Bank (PNB) and Union Bank of India are coming together to…
#bank#banks#risk
Export Credit Guarantee Corporation of India Ltd. (ECGC) and Andhra Bank signed a Corporate Agency Agreement for marketing of ECGC’s…
India's Government have decided to enhance the equity base of the Export Credit Guarantee Corporation of India Ltd. (ECGC) from…
Export Credit Guarantee Corporation (ECGC) has decided to open satellite branches at upcoming export centres in the country. ECGC has…
The government of India is to set up an Export Insurance Guarantee Fund of Rs 20bn (US$444.3m) to provide risk…
India finally has a financial intelligence unit (FIU) for tracking money laundering offences. The Cabinet today gave its nod to…
#anti-money laundering#international#Two
A Reserve Bank of India (RBI) panel constituted to evolve a debt restructuring system for small-and medium-sized enterprises (SMEs), has…
The International Finance Corporation has agreed to extend a loan of US$22m (around Rs 101 crore) to Kotak Mahindra Bank…
The Export and Import Bank of India has extended a US$150 m loan to Sri Lanka for facilitating Indian oil…
With Indian companies queuing up to set up base in Europe, several government agencies are doing their bit to attract…
#conference#forum#innovation
To boost credit flow to the small-scale sector, the government is likely to introduce a credit rating scheme for small-scale…