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Export Credit Guarantee Corporation of India Ltd. (ECGC) and Andhra Bank signed a Corporate Agency Agreement for marketing of ECGC’s export credit insurance products thorough the network of the bank’s branches. The agreement was signed by Mrs. Geetha Muralidhar, general...
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…
According to the World Intellectual Property Organisation (WIPO) small- and medium- sized enterprises (SMEs) are the driving force behind a…
#bank#exports#SME financing
State Bank of India (SBI) formed its factoring company, SBI Factors (SBIF) in collaboration with UBI and SIDBI in 1991.…
#bank#capital requirements#receivables
Karnataka Bank has posted a record profit of Rs133.17 crore in 2003-2004. The Bank has continued to focus on lending…
#bank#banks#insurance