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Threshold alterations to affect factors and other non-bank financial companies (more…)
#bank#Two
Plans afoot to launch Trade Receivables Discounting System to finance invoices for MSMEs across India (more…)
#bank#management#receivables
The Reserve Bank of India extended refinancing to Sidbi to support micro and small manufacturers and service providers. (more…)
#bank#economy#liquidity
New norms will allow corporate houses to enter banking space. (more…)
#bank#banks#financial services
Indian exporters have urged the Reserve Bank of India (RBI) to extend the realisation period to 18 months from six…
The Reserve Bank of India has announced a new category of non-banking financial companies - Nonbanking Financial Company-Factor (NBFC-Factor). (more…)
#assignment#assignment of receivables#bank
The Reserve Bank of India (RBI) has extended the ceiling rate on export credit in foreign currency by banks for…
The Reserve Bank of India wants to see more enthusiasm in setting up factoring businesses and plans to revise the…
#bank#factoring regulation#regulation
The Reserve Bank of India has allowed microfinance institutions (MFIs) to raise External Commercial Borrowing (ECB) up to US$10 million…
#bank#banks#international
The Reserve Bank of India (RBI) has increased the ceiling rate on export credit in foreign currency by 150 basis…
#bank#interest rates#international
The Reserve Bank of India has raised the interest rate ceiling at which banks can raise export credit in the global…
#bank#exporters#interest rates
SMEs may get a breather from the banking industry (more…)
The government and the Reserve Bank are contemplating opening a special refinance window to boost the growth of small and medium-sized enterprises…