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Punjab National Bank, in association with six other public sector banks and the Small Industries Development Bank of India, intends to establish a credit rating agency for small and medium enterprises (SMEs). The agency will focus on appraisals of SME...
There is good news for the field functionaries of banks and financial institutions who have been resisting lending to entrepreneurs,…
#bank#funding#SME lending
The Small Industries Development Bank of India (SIDBI) will launch a Rs 500 crore venture capital fund with participation from…
#bank#banks#risk
Canbank Factors’ factoring package offers sales ledger administration, debt collection services, credit protection and advisory services. The total turnover of…
The Export Import Bank of India has extended a $20 million loan to Mozambique, as part of its efforts to…
The Reserve Bank of India (RBI) has told commercial banks to adopt a cluster-based approach for financing small- and medium-sized…
While foreign banks eye `factoring' as the future finance product for India, corporates operating in this space for the last…
Standard Chartered Bank has concluded a factoring deal worth $25m for Bharat Forge Ltd, a castings and forgings supplier based…
#bank#capital requirements#credit risk
Syndicate Bank, the Indian finance group, has announced a series of ‘softer’ loan terms to exporters with good track records.…
#bank#export finance#exporters
The export-import policy (EXIM policy) governs the import of goods into and export of goods out of India. The EXIM…
Addressing the members of Bharat Chamber of Commerce here recently, Mr Rajeev Bhargava, head of Trade Services, said that HSBC…
#bank#exports#receivables
The Export Credit Guarantee Corporation of India Ltd (ECGC) has arrived at a corporate agency agreement for the marketing of…
#bank#export credit insurance#exporters
“The venture capital industry in India has been undergoing a downward trend for the past two years. In the current…