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Korean: 한국 고객을 위한
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Dec 15, 2019 - 03:47 AM
India is a blend of Nationalised Bank,Private Banks, Cooperative Banks, Cooperative Societies, Foreign Banks and NBFC and now a days P2P as well Factoring Agencies National as well foreign too. The Trade finance is a lending subject everywhere. Its less or more. Its vast or a string itself. It all depends on the customers requirement of the sanctioned facilities.
Exporter or Importer may go for LC sanction Facilities or BG facilities or Bill Discounting Facilities or may Term Loan, this is to name a few. However the sanctioning of the facilities depends on the Customers need as well as Financing Institutes Branch acumen too. Both the acumen has to work together. eg. A exporter in rural branch approach a small rural branch for Foreign LC facility. It may not materialise as there is no acumen sitting in Rural. Yes the location of the facilitating Branches n sitting acumen in it plays a pivotal role in Export Import Financing. Financing the export imports loans may vary depending upon the importance of the project, infrastructure finance for nation value with equity tied up with inter nation sovereign funds too.
Depending on the requirement of the facility and funds quantum, acumen branches of Private Banks, Nationalised Branch, even NBFCs for discounting purpose, P2P and Export factoring entities are very much active in the domain of financing.
Exporter or Importer may go for LC sanction Facilities or BG facilities or Bill Discounting Facilities or may Term Loan, this is to name a few. However the sanctioning of the facilities depends on the Customers need as well as Financing Institutes Branch acumen too. Both the acumen has to work together. eg. A exporter in rural branch approach a small rural branch for Foreign LC facility. It may not materialise as there is no acumen sitting in Rural. Yes the location of the facilitating Branches n sitting acumen in it plays a pivotal role in Export Import Financing. Financing the export imports loans may vary depending upon the importance of the project, infrastructure finance for nation value with equity tied up with inter nation sovereign funds too.
Depending on the requirement of the facility and funds quantum, acumen branches of Private Banks, Nationalised Branch, even NBFCs for discounting purpose, P2P and Export factoring entities are very much active in the domain of financing.
Source: being from a Banking sector, aware of the segment
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