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Reserve Bank of India (RBI) has constituted a separate Sub-Committee under the State Level Bankers Committee (SLBC) called the Sub-Committee of SLBC for Export Promotion. The committee will handle various problems faced by exporters at the State level. It will...
S Kumars Nationwide Ltd (SKNL) is planning to repay its rupee debt by raising US$150m (close to Rs 700 crore…
#bank#cash-flow#guarantee
The Centre and the Tamil Nadu Government must announce a policy on financial and marketing support for the small scale…
The Associated Chambers of Commerce and Industry of India (Assocham) has asked the Government of India to set up a…
Punjab National Bank, in association with six other public sector banks and the Small Industries Development Bank of India, intends…
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