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India

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 factoring and other trade finance products to Indian MSMEs exporters. It is the first finance company in the area of export factoring...

#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


Indian Godrej Capital plans to offer SCF

In order to diversify its products, Godrej Capital, the non-banking financial company (NBFC) of the Godrej Group... (more…)

#supply chain finance


Mastercard partners with M1xchange to offer invoice discounting solution...

Mastercard has announced its collaboration with M1xchange to offer a digital invoice discounting... (more…)

#M1xchange#Mastercard

GSTN India imposes 7 days reporting for e-invoice 

GST Network (GSTN) India said the government has decided to impose a time limit on... (more…)

#GST#GSTN

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