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India

Atradius renews commitment to credit insurance in India

Atradius, a global leader in credit insurance and credit management, and The New India Assurance signed a new reinsurance treaty, which comes into force as of April 1, 2004 with the intention of establishing a positive long-term partnership. Dr. Peter...

'Gold Card' facility for exporters in Karnataka

Exporters in Karnataka with good track records can now expect minimum inspections and speedy clearances by the government for their…


Foreign factoring, financial leasing and venture capital firms’ equity...

Signalling a long-term stability in its foreign investment policy, India has offered to bind itself to allowing 100 per cent…

#banks#financial services#reinsurance


SIDBI to set up Growth Fund for SME sector

The Small Industries Development Bank of India (SIDBI) has decided to set up a ‘Growth Fund’ to provide risk capital/…

#bank#financial institution#risk


ECGC credit risk policies to have NIC marine cover

The Export Credit Guarantee Corporation of India (ECGC) and National Insurance Company Ltd have decided to unite to provide marine…


Cheap credit tap opens for SMEs

With large blue chip companies no longer knocking on banks' doors, bankers today are lending against the receivables of SMEs.…


Canbank Factors investment opportunity

The fixed deposit programme of Canbank Factors, a subsidiary of Canara Bank, is open for investment. Schemes and features Canbank…


Allahabad Bank in export insurance deal

Allahabad Bank has entered into a bancassurance pact with the Export Credit Guarantee Corporation of India - ECGC Ltd, an…

#bank#export credit insurance#exporters


HYSEA plans fund to help SMEs market products

The Hyderabad Software Exporters Association (HYSEA) is setting up a fund with support from state governments, non-resident Indians (NRIs) and…

#exporters#smes#software


ECGC identifies factoring as key business growth area

Export Credit Guarantee Corporation of India Ltd (ECGC), now beefed up with a higher equity base, has identified factoring services…

#bank#exporters#exports


Government will give importance to SME sector

The Kerala Government will give equal importance to the development of the small- and medium-sized enterprises (SMEs) as to other…

#investments#smes


AllBank in pact to sell ECGC products

The Export Credit Guarantee Corporation (ECGC), which offers credit insurance protection to exporters has entered into a bancassurance agreement with…

#bank#banks#exporters

New credit insurance schemes for emerging export streams

ECGC Ltd is now in discussions with various trade organisations, software exporters as well as Nasscom (National Association of Software…

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