India

The Indian credit insurance market, still at a nascent stage and estimated at just US$40m, is expected to gather momentum over the next few years and touch US$140m in four years, according to

Canbank Factors, a subsidiary of Canara Bank, has posted a 26.03% rise in net profit for the half-year ended 30 September 2006 of

Small- and medium-sized enterprises (SMEs) engaged in international trade will now find it easier to procure loans. Global Trade Finance - the non-bank financial company (NBFC) promoted by Export-Import (Exim) Bank of India

Yes Bank plans to set up a micro-finance subsidiary in a joint venture with possibly two US-incorporated institutions with expertise in the segment. The subsidiary will be in the form of a non-banking finance company

Citigroup plans to double its small- and medium-sized enterprises (SMEs) credit portfolio in India in three years. The plan would be implemented through stepped-up presence in SME clusters for enhanced

The regulatory framework, pending in draft stage for years, must be effected to protect service providers from recovery

Given the increasing demand for factoring services, foreign players such as Development Bank of Singapore (DBS) and GE Capital are getting into the factoring business in India

The Export and Import Bank of India (Exim Bank) is likely to raise over Rs 7,000 crore from both overseas and domestic markets in the remaining part of this fiscal year

The Hongkong and Shanghai Banking Corporation Limited (HSBC) buys credit insurance protection on behalf of its factoring services clients. Till now, the bank was offering factoring services only to

For some time now, India's small- and medium-sized enterprise (SME) sector was facing a mid life crisis due to lack of finance, technology and marketing infrastructure. As the sector faced global competition