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Standard Chartered Bank has concluded a factoring deal worth $25m for Bharat Forge Ltd, a castings and forgings supplier based in India. Chris Low, chief executive of StanChart India region, remarked that the entire deal was done on a non-recourse...
#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…
The State Bank of India (SBI) is looking for potential alliances for its factoring and merchant banking business, chairman A…
The Bombay Stock Exchange (BSE) is to be entrusted with the responsibility of providing a nationwide audience for instruments floated…
GE Commercial Finance (GECF), the business-to-business financial services arm of US conglomerate General Electric, said it will invest up to…
Canbank Factors, India’s largest independent factor by market share, is planning to offer import factoring in the country, as a…
#bank#global trade#L/C
The Bank of Maharashtra is set to enter the factoring and forfeiting segment, which is a new concept in India,…
#bank#insurance#international
After insuring the receivables of India’s exporters in the global market, the state-run Export Credit Guarantee Corporation (ECGC) is planning…
#bank#exporters#exports
Exim Bank of India will raise its stake in Global Trade Finance (GTF) from 35 per cent to 40 per…
#bank#exporters#global trade