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Export financier Exim Bank Launched its subsidiary- India Exim Finserve IFSC Private Limited - at the Gujarat International Financial Tec City (GIFT City). Exim Finserve will provide a combination of three services to exporters: receivables financing, coverage of the risk of non-payment and management of accounts receivable. This would lead to improved cash flow and reduced payment risk for exporters, enabling them to explore new markets. The factoring services by the first finance company in GIFT City in the area of export factoring would be particularly beneficial for MSME exporters as it is primarily based on the quality of accounts receivable, rather than collateral.
Consider the following statements regarding the IndiaSkills 2023-24 programme launched by the Ministry of Skill Development & Entrepreneurship-
What is the line called that passes through places with zero magnetic declination?
State Bank of India’s (SBI) latest research report, Ecowrap has pegged India’s growth in the fourth quarter of FY23 is likely to be 5.5 per cent, le...
The Reserve Bank of India has imposed a penalty of _____ on Amazon Pay (India) Pvt Ltd for non-compliance with provisions of the Prepaid Payment Instrum...
A joint military exercise, “EX DHARMA GUARDIAN-2022”, between India and Japan was conducted at Foreign Training Node, ___________ from 27 Fe...
The National Bank for Agricultural and Rural Development (Nabard) has issued three-year, three-month and 19-day bonds worth _______ at a 7.50% rate of i...
Rajasthan govt signs MoUs and LOIs worth _______a month before Invest Rajasthan Summit.
Who has been roped as the brand ambassdor of Khadi brand in Bihar?
During the 2024 International Meet in Chennai, which Indian medical professional was bestowed with the ‘Lifetime Achievement Award’?
Who was honored with the Olympic Order by the International Olympic Committee (IOC) in July 2024 for his notable contributions to the Olympic movement?