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In a decisive move to modernise its trade finance operations, the State Bank of India (SBI) inaugurated two specialised Global Trade Finance Centres in Kolkata and Hyderabad on Tuesday this week. These hubs, staffed by more than 800 experienced professionals,...
#compliance#digitalisation#operational efficiency
KredX, an Indian platform for integrated cash flow and supply chain finance, has partnered with the State Bank of India…
#DTX platform#KredX#receivables discounting
State Bank of India (SBI) has introduced 'MSME - Sahaj', a new web-based digital business loan solution aimed at micro,…
#bank#digital#invoice
Lending to India’s micro, small and medium enterprises (MSMEs) is soaring and is increasing well beyond market expectations. According to…
#MSME finance#SBI#securitisation
Yubi (former CredAvenue), a unified digital platform that powers the discovery, execution and fulfillment of credit, has partnered with India’s…
#digital platform#financial institutions#NBFC
...has just joined digital invoice discounting marketplace – Invoicemart, as a financier to help... (more…)
#SBI
Yesterday the government along with bank recapitalisation plan also announced that PSUs... (more…)
#bank#liquidity#receivables
...a Russian fintech company providing accessible lending to small and medium-sized business, has completed its debut equity fundraising,... (more…)
#bank#innovation#international
A consortium based in the Netherlands that explores logistics and supply... (more…)
#bank#blockchain#blockchain technology
The Indian finance ministry has asked state-run banks to make hedging compulsory for all importers who seek foreign letter of…
#bank#exports#guarantees
State Bank of India signs a Memorandum of Understanding with Japan Bank for International Cooperation to help Japanese SMEs to…
#bank#financial services#international
The Small Industries Development Bank of India is planning to extend its bill discounting service. (more…)
#bank#guarantee#MSME
SBI Global Factors total income decreased 49 per cent. (more…)
#exports#international#international factoring