HSBC launches factoring service

The Hongkong and Shanghai Banking Corporation Limited has widened its product range for small- and medium-sized enterprises (SMEs) in India by offering them factoring services. This is now available in

GTF targets Rs 5,000 cr turnover in 2007

Riding on the back of a 100 per cent year-on-year growth in assets, export-import factoring company Global Trade Finance Ltd, expects to disburse loans of Rs 5,000 crore in the current fiscal

Exim Bank plans model to finance SMEs

Export-Import Bank of India (Exim Bank) is working on a special model to finance small- and medium-sized enterprises (SMEs) in the country for tapping the export market in

No takers for Foremost - yet

Delhi-based Foremost Factors, which was up for sale for quite some time, has once again been turned down by Export Credit Guarantee Corporation of India

IFC to exit GTF post-IPO

Leading factoring service provider Global Trade Finance (GTF) is planning to raise an initial public offer (IPO)

Union Bank to ramp up SME funding

Union Bank of India plans to lend to the small and medium enterprises (SME) segment in a big way to increase its share in total loans portfolio