Gurugram, May 21 (KNN) Trade finance firm Drip Capital apprised the SME exporters in Gurugram about the alternative working capital solutions like invoice factoring process.
Roughly over two months ago, on March 4, the US President Donald Trump had notified Congress of his intention to terminate the Generalized System of Preferences (GSP) for two nations—India and Turkey.
Exit polls may not have enthused bond traders like their peers in equity and forex markets. Yields are down just six basis points this week. However, bond investors should remember that the biggest buyer, the Reserve Bank of India (RBI), is still around.
The Reserve Bank of India is said to be reviewing small financeNSE -0.63 % banks’ capital and holding structure and may come up with a pari-passu arrangement for all lenders.
The goods and services tax (GST) will require attention from the new government that comes in later this week. First, GST must improve its coverage. Today, real estate and electricity are outside its ambit.
The Reserve Bank of India (RBI) will merge three of its departments and undertake lateral recruitment of consultants as part of a functional revamp aimed at improving efficiency in the area of banking supervision, one of the key roles of the apex lender.