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State Bank of India today signed an agreement with Credit Guarantee Trust for Micro and Small Enterprises to offer collateral free credit up to INR10m (EUR0.15m) for SMEs (more…)
#bank#guarantee#SBI
Bangalore-based private equity (PE) firm Forum Synergies is launching one of the biggest India-focused SME funds. (more…)
#financial institutions#forum#management
SBI Factors Commercial Services plans to double its business during the current financial year, by focussing on newer areas. (more…)
#bank#credit protection#management
SBI Factors, a wholly-owned subsidiary of the State Bank of India (SBI), has acquired the Exim Bank-promoted factoring company Global…
#bank#international#international factoring
The public sector banking major State Bank of India (SBI) is now planning to cater to the fund requirements of…
#bank#banks#capital requirements
Insurance companies are now sensing a huge opportunity in credit insurance, following the dispensation granted to them in the credit…
#AIG#Allianz#Atradius
Indian rating agency Crisil, a unit of Standard Poor's, said it has upgraded its ratings. (more…)
#bank#global trade#international
State Bank of India is looking at various options to derive value from Global Trade Finance, following the acquisition of…
#bank#global trade#management
FIMBank has successfully completed the sale to State Bank of India of its 38.5% stake in GTF, an Indian factoring…
#bank#emerging markets#international
Government-run State Bank of India (SBI) said on Tuesday it had completed an acquisition of 91% in an Indian factoring…
Global Trade Finance Ltd (GTF) feels SMEs exports are rising sharply and they believesthey will become a leader in the international…
#exports#international#SBI
Delhi-based Foremost Factors, which was up for sale for quite some time, has once again been turned down by Export…
#bank#global trade#guarantee
Leading factoring players in the country are to form an association for further development of the industry (more…)
#bank#banks#global trade