RBI

Can RBI’s new norms give a booster shot to $3.4B Indian ‘factoring’ industry?

01 August, 2012

Indian factoring services business, which involves short-term or working capital loans without collaterals but requires invoices, has been hindered by increasing defaults over the past few years and such incidents have stalled its high growth clocked during 2005-2007. However, industry experts feel that the latest regulations for the sector may put the business back on growth track in spite of some existing pain points.


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Can RBI’s new norms give a booster shot to $3.4B Indian ‘factoring’ industry?

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