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The State Bank of India (SBI) is looking for potential alliances for its factoring and merchant banking business, chairman A K Purwar told investors as the bank also announced it was selling over a third of its mutual fund business...
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
Dishman Pharmaceuticals and Chemicals on June 22, 2004, announced closure of its estimated $22 million debt issue programme. This issue…
#debt facility#funding#receivables
Canara Bank, the Indian finance house which provides overdraft finance, factoring, and mortgages, has posted a 31.3 per cent increase…
#bank#banks
The Confederation of Indian Industry (CII) plans to set up four industrial clusters for small- and medium-sized enterprises (SMEs) with…
SBI Factors and Commercial Services Pvt Ltd has called for a separate legislation for factoring services. At present a factoring…
The Export-Import Bank of India has appointed Citigroup and Deutsche Bank to sell its five-year bonds in the overseas market.…
#bank#bonds#Deutsche Bank
The Standard Chartered Bank (StanChart) plans to focus on the SME sector in the next couple of years after gaining…