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Indian invoice-financing platform UpTik has reported a 275% increase in monthly disbursements over six months, providing a measure of the company's expansion as it seeks to connect businesses requiring working capital with investors in invoice-backed financing. Monthly disbursements rose from...
#alternative finance#financing volume#fintech
Indian exporters have called for a substantial extension of pre-shipment and post-shipment credit periods after the Reserve Bank of India…
#export credit#export finance#FIEO
Reliance Group is planning to raise as much as INR100bn, approximately US$1.04bn at 29 September exchange rates, through an asset-backed…
#asset backed securities#Barclays#India
India's new credit-guarantee mechanism for trade receivables finance has moved from regulation into live use, with M1xchange completing the first…
#CGTMSE#credit guarantee#India
India’s Rajya Sabha has passed legislation intended to accelerate delayed-payment disputes and strengthen the ability of micro and small businesses…
#delayed payments#India#MSEFC
Karnataka Bank has partnered with CredAble to launch its first fully digital supply chain finance platform, with the Indian lender…
#banking technology#CredAble#India
India's finance ministry is reviewing lending conditions for micro, small and medium-sized enterprises as policymakers seek to protect credit flows…
#banking#India#MSME finance
Drip Capital has partnered with YES BANK to expand trade finance access for Indian micro, small and medium-sized enterprises, adding…
#Drip Capital#export finance#fintech
Indian energy group Godawari Power and Ispat has signed a battery supply agreement with China’s Eve Energy, adding another signal…
#battery supply chains#China#critical minerals
India is accelerating its global trade expansion strategy, with a new wave of free trade agreements (FTAs) including the UK,…
#free trade agreements#global trade#India