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ICICI LC
NTT sells controlling stake in Pune-based Nihilent to promoterJapanese telecommunication giant NTT Corporation has fully exited its 69.14% controlling stake in Pune-based IT consulting and services fir...10 Jan, 2024, 05.32 PM IST- Govt has started trade with neighbouring countries in INR, says Anupriya PatelThe Indian government has initiated trade in the Indian rupee with its neighbouring countries, including Nepal, Bhutan, Bangladesh and Sri ...09 Aug, 2023, 04.02 PM IST
- ICICI Bank offers a network of Rupee Vostro Accounts, expedites settlement of trade in rupeeThe latest initiative is in line with FTP 2023 and RBI’s framework for settlement of exports or imports in the Indian rupee.28 Apr, 2023, 11.36 AM IST
- ICICI Bank launches digital solutions for exportersThe set of solutions also offer industry-first facilities such as instant disbursal of Export Packing Credit (Insta EPC) and Trade APIs.04 Jan, 2023, 12.39 PM IST
- How you can leverage a Letter of Credit to remove risks associated with foreign trade dealsLetter of Credit is important to build trust between buyers and sellers engaging in cross-border deals along with putting in place robust m...30 Nov, 2022, 04.45 PM IST
- Win contracts and expand your export business with these quick and effective digitised trade services.Guide to a few quick, effective digitised trade services to consider17 Nov, 2022, 05.52 PM IST
- What is a Letter of Credit?A guide on letter of credit and why is it important for international trade02 Nov, 2022, 03.36 PM IST
- ICICI Bk, HDFC Bk and Axis Bk can give fin services for overseas procurement for Defence MinistryMoD has assigned HDFC Bank Ltd, ICICI Bank and Axis Bank to provide the Letter of Credit and Direct Bank Transfer business for overseas pro...07 Jul, 2022, 02.30 PM IST
- RBI taps top banks including HDFC, ICICI, SBI for blockchain-based trade financing projectThe pilot project, called ‘proof of concept’ in industry parlance, will harness blockchain technology where ‘blocks’ of transaction data ar...25 Jun, 2022, 01.11 PM IST
- Banks turn cautious on Sri Lanka exposuresSeveral institutions have reduced discounting letters of credit (LC) - the basic instrument for financing trade - issued by many Lanka lend...07 Jan, 2022, 06.16 AM IST
- Now invest up to 75 percent in equity option of NPSThe PFRDA has enhanced the limit for NPS under its Active Choice to invest in Asset Class E (equity) to a maximum of 75% from the earlier l...31 Oct, 2018, 12.33 PM IST
- PNB aftermath: As fraud-wary banks plug the gaps, businesses brace for the unfamiliarLenders are no more relying on SWIFT messages only. Whenever an overseas branch receives an LoU, it is now contacting the Indian bank direc...19 Feb, 2018, 06.46 PM IST
- NPS subscribers may be allowed to invest more in equitiesPFRDA is proposing an increase on cap on equity investments for private sector NPS from a maximum of 50 percent to 75 percent of one's inve...19 Feb, 2018, 04.38 PM IST
- Padma Vibhushan for Montek Ahluwalia, Azim PremjiThe government conferred the Padma Vibhushan on Montek Singh Ahluwalia and Azim Premji for their contribution to public affairs and trade a...26 Jan, 2011, 02.07 AM IST
- Revaluation of non-$ assets speeds fall in forex reservesIndia’s foreign exchange reserves have dipped over $50 bn since April this year. But only about a fifth of this could be due to the pullout...11 Nov, 2008, 05.08 AM IST
- Insurance cos deny covers to exportersUnfortunately, it is the current state of the global market that is making domestic insurers shy away from providing the cover. The cover i...10 Nov, 2008, 10.49 AM IST
- Trade financing will get a whole lot easierExporters will soon be able to realise export proceeds in days instead of weeks. Banks are working on dematerialising the letter of credit ...12 Sep, 2006, 03.04 AM IST
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