COIMBATORE: The Tirupur Exporters and Manufacturers Welfare Association has submitted a representation to Prime Minister Narendra Modi, seeking libera.

NMG has now received letters of interest from targeted capital providers totaling over US$1 billion in potential debt financing support. This milestone provides a foundation for NMG Phase-2 project ...

According to the RBI's approval letter, Flipkart submitted its application for the licence in 2022. The RBI has not yet ...

The Moody’s rating change came at a time when there are expectations that the federal deficit and interest expense won't be ...

Forfaiting started in the middle of last Century in Europe and it is taking shape all over the globe to promote trade finance ...

HNB PLC, Sri Lanka’s leading private sector retail bank, has launched TxB TradeX – its next-generation Digital Trade Finance ...

I maintain a Hold rating on Bladex as shares now trade near intrinsic value, removing the previous discount and margin of ...

Import and export companies use letters of credit as a safe form of payment when goods are sold between countries. With a regular letter of credit, the seller can request and receive payment ...

James Hardie Industries plc (ASX: JHX) ("James Hardie" or the "Company") announced today the successful syndication of new credit facilities to support its operations and its planned transaction with ...

The customers availed fiduciary credit facility and ... produced a letter where the bank had admitted its liability under the bank guarantee and acknowledged having paid the amount for guarantees ...

regarding the issuance of bank guarantees, co-acceptance of bills, and Letters of Credit (LCs). These new rules aim to enhance financial stability and risk management for both banks and customers.

The transaction guarantee will allow Access Bank to act as an Issuing Bank ... Banks against non-payment risks linked to letters of credit and other trade finance instruments issued by Access ...