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DGFT asks export bodies for inputs on efficacy of interest equalisation scheme
The study is to help the department assess the key gaps and make necessary recommendations to ensure seamless facilitation of trade finance in India.Read more
Vayana Network appoints Aneish Kumar as Senior Business Advisor
Aneish Kumar will play a vital role in strengthening Vayana Network’s partnerships across financiers and accelerate access to trade finance for supply chains. He has 38 years of cross-functional expertise.Read more
Government's credit guarantee to reach Rs 500 billion under CGTMSE for FY19
With a view to allay the trade finance woes of micro, small and medium enterprises (MSMEs), the Union Government has planned to more than double the credit guarantee up to Rs 500 billion for 2018-19 under the Credit Guarantee Fund Trust For Micro and Small Enterprises (CGTMSE) schemeRead more
Blockchain tech can resolve inefficiencies in India's current trade finance system
Implementing digital technologies such as blockchain, artificial intelligence (AI), machine learning and robotic process automation can resolve inefficiencies in our current trade finance system, and make the process efficient at the bank’s, buyer’s, seller’s, as well as the SME’s/MSME’s end, noted a recent ASSOCHAM-Deloitte joint study.Read more