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Bank of Maharashtra says that it is interested in picking up International Finance Corporation's (IFC) 10% stake in Global Trade Finance (GTF). IFC has proposed to reduce its stake in GTF from 25% to 15%, Bank of Maharashtra said, adding...
#bank#Exim Bank#global trade
The Karnataka State Financial Corporation (KSFC) assisted 1,300 new enterprises from various sectors during 2003-04, according to the managing director…
Atradius, a global leader in credit insurance and credit management, and The New India Assurance signed a new reinsurance treaty,…
Exporters in Karnataka with good track records can now expect minimum inspections and speedy clearances by the government for their…
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
The Small Industries Development Bank of India (SIDBI) has decided to set up a ‘Growth Fund’ to provide risk capital/…
#bank#financial institution#risk
The Export Credit Guarantee Corporation of India (ECGC) and National Insurance Company Ltd have decided to unite to provide marine…
With large blue chip companies no longer knocking on banks' doors, bankers today are lending against the receivables of SMEs.…
The fixed deposit programme of Canbank Factors, a subsidiary of Canara Bank, is open for investment. Schemes and features Canbank…
Allahabad Bank has entered into a bancassurance pact with the Export Credit Guarantee Corporation of India - ECGC Ltd, an…
#bank#export credit insurance#exporters
The Hyderabad Software Exporters Association (HYSEA) is setting up a fund with support from state governments, non-resident Indians (NRIs) and…
#exporters#smes#software
Export Credit Guarantee Corporation of India Ltd (ECGC), now beefed up with a higher equity base, has identified factoring services…
#bank#exporters#exports
The Kerala Government will give equal importance to the development of the small- and medium-sized enterprises (SMEs) as to other…
#investments#smes