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India

Dishman closes receivables-backed securitisation programme

Dishman Pharmaceuticals and Chemicals on June 22, 2004, announced closure of its estimated $22 million debt issue programme. This issue was structured and syndicated by Rabo India Finance, with participation from multilateral agencies such as the FMO of the Netherlands...

#debt facility#funding#receivables

One-stop shop factor posts 31pc hike in net profit

Canara Bank, the Indian finance house which provides overdraft finance, factoring, and mortgages, has posted a 31.3 per cent increase…

#bank#banks


Help for SMEs mooted by trade body

The Confederation of Indian Industry (CII) plans to set up four industrial clusters for small- and medium-sized enterprises (SMEs) with…


Legislation for factoring services urged

SBI Factors and Commercial Services Pvt Ltd has called for a separate legislation for factoring services. At present a factoring…


Exim Bank names lead managers for Euro bonds sale

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


Standard Chartered Bank focuses on SME sector

The Standard Chartered Bank (StanChart) plans to focus on the SME sector in the next couple of years after gaining…


ECGD announce new credit insurance scheme for software exports

The Export Credit Guarantee Corporation of India (ECGC) is finalising a special credit insurance package for software exports from India,…


Atradius enters into reinsurance treaty

Atradius, the world's second largest credit insurer, has entered into a reinsurance treaty with New India Assurance. Under the terms…


RBI proposes uniform SSI lending target

The Reserve Bank of India (RBI) is examining a proposal for a uniform target in priority-sector lending for all domestic…


New government enjoys economic windfall

The new Congress-led government in India under Manmohan Singh got a boost with exports surging up by almost 20 per…


SIDBI focusing on direct finance for SSIs and SMEs

The creation of an exclusive fund for small- and medium-sized enterprises (SMEs) and the outsourcing opportunities available to small-scale industry…

#bank#interest rate#receivables


Reserve Bank of India interest rate decision

With political uncertainty still hovering over the country, the Reserve Bank of India (RBI) yesterday left the bank rate and…

New banking regulation harsh on India’s SME sector

THE Madurai District Tiny and Small Scale Industries Association (Maditssia) has called for evolving policy initiatives to redress the grievances…

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