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India

India’s TMB partners with Jocata to digitalise MSME lending

Tamilnad Mercantile Bank (TMB), a private sector lender, has collaborated with Jocata, a FinTech platform provider, to offer digital-first lending products to its growing customer base.TMB will leverage Jocata’s low-code Digital Lending Platform (DLP) to drive its digital transformation strategy,...

#digitalisation#SME lending

Infor Nexus and DBS Bank launch pre-shipment finance...

Infor Nexus™, a NY headquartered multi-enterprise, supply chain network, and DBS Bank have extended their partnership to launch a pre-shipment financing solution…

#DBS Bank#Infor Nexus#SME lending


Spacenet India to increase stake in BillMart.com

The board of Spacenet Enterprises India Ltd (spacenet), a global fintech enterprise, has approved to increase its investment in BillMart.com,…

#supply chain finance


Exim Bank India launches factoring subsidiary in GIFT city

Exim Bank India has launched a factoring subsidiary at the Gujarat International Financial Tec City (GIFT City) to offer export…

#factroing


CredAble partners with GRIP Invest to create new securitisation...

CredAble, an Indian supply chain finance fintech, partners with... (more…)

#securitisation#supply chain finance


Adani New Industries Limited raises US$394m trade finance from...

Adani New Industries Ltd has raised US$394m (INR 3,231 crore) working capital from ... (more…)

#Deutsche Bank


UpCap launches invoice discounting for Indian businesses

The Indian fintech platform, UpCap, has launched its first product, called ... (more…)

#funding gap#supply chain finance


EnKash to streamline AP and AR for Indian...

Spend management platform Enkash on Thursday announced the launch of Olympus, which will enable the automation of business payables and…

#account payables#account receivables


Cashinvoice strengthens management team with new appointment

Cashinvoice, India’s digital platform for supply chain finance, is pleased to announce that Avinash Pandey, who has spent over a…

#Arun Poojari#CashInvoice#Managerial Appointments


RBI allows insurance players to participate on TReDS platforms

Reserve Bank of India (RBI) announced this Wednesday, that all entities that undertake factoring business can participate as financiers on…

#C2FO#NBFC


Indian Bank launches supply chain financing

A Supply Chain Finance facility has been developed by the state-owned Indian Bank. The programme, which was launched last week…

#supply chain finance


Indian companies with turnover higher than 5 crore must...

Effective 1st of August, 2023 in India, businesses with a turnover of more than INR 5 crore... (more…)

#compliance#e-invoices#GST

Indian Profectus Capital gets approval from RBI to provide...

Profectus Capital, a non-banking financial company backed by global private equity firm Actis, has announced the receiving the Certificate of…

#Factoring Regulation Act

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