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ITFS PLATFORM
Yes Bank becomes first Indian bank to conduct export finance transaction on RXIL’s ITFS platformYes Bank has become the first Indian bank to execute an export finance transaction on the International Trade Financing Services Platform (...
RXIL Global to help MSMEs get early payment on export invoices through ITFSMSMEs don’t have deep pockets and so often find themselves in trouble when it comes to realising payments for exports. But a trade platform...
Who is Jakub Menšík? The 17-year old tennis sensation who is taking the U.S. Open by stormJakub Menšík, at just 17 years old, is emerging as a prominent figure in the realm of tennis. Renowned for his commanding serve and aggress...
Exim Bank to raise up to $4 billion this yearExim Bank intends to raise around $3.5 billion to $4 billion this year to fund its government-backed business, said Harsha Bangari, MD. The...
Exim Bank to raise upto dollar 4 billion this yearExport lender Exim Bank plans to raise $ 3.5 to 4 billion this year to fund its government supported business. The lender reported a 110 pe...
KredX secures final nod to launch cross-border trade financeThe Sequoia Capital and Tiger Global-backed company has successfully conducted live transactions during sandbox testing and has received a ...
M1xchange launches new platform to help MSMEs avail easy liquidityThe International Financial Services Centers Authority (IFSCA) has granted a license to M1NXT (Mynd IFSCA P LTD) to set up International Tr...
Drip Capital and Vayana TradeXchange partner to offer export finance for SMEsSMEs contribute approximately 45% of Indian exports. However, access to working capital remains a pain point for most of these businesses a...
Olea, Vayana Network join hands to offer cross border trade finance solutions in IndiaOver the past few years, there has been growing interest in India as a manufacturing hub, as large multi-national corporations seek to dive...
Trade finance platform Vayana Network bags $15 million from IFC and PayUWith this, the company has closed its latest fundraising of Rs 397 crore (about $52 million).
How international factoring licensing can benefit MSMEs and boost the Indian economyNearly 50% of Indian exports are contributed by MSMEs. Many of them have steady, stable, business relationships which they have been servic...
Gig workers hail European Commission's landmark push to make them employeesThe European Commission on Thursday set out new rules that would mean people working for food-delivery and ride-hailing apps can presume th...
Vayana Network raises Rs 283 crore in Series C funding roundVayana creates supply chain finance programs that help in lowering the credit costs by over 50% .
IFSCA issues norms for setting up, operating ITFS to provide trade financeIFSCA is a unified authority for the development and regulation of financial products, financial services and financial institutions at the...
Indian Navy signs pact with Bharat Electronics Ltd to develop emerging technologies"The broad charter of the TIF includes technology development in the domain of weapons and sensors, information technology and emerging tec...
Europe-dominant ITF plans to involve more Asian countries in the futureThe global body acts as a think tank for transport policy and also organises annual summit of transport ministers in different countries.
UN agency on Women backs out of Uber partnership over security concernsITF also expressed alarm over the "proliferation" of reports of passenger assaults by Uber drivers, customer frustrations over surging pric...