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India Factoring expands

08 December 2011

Joint venture India Factoring is expanding its factoring business to new regions.

India Factoring, a joint venture of the state-owned Punjab National Bank (PNB), along with Malta-based FIM Bank Group, Italy-based Banca IFIS, and Blend Financial Services, Mumbai, is extending its factoring business to Punjab and Haryana for entrepreneurs, small and medium enterprises (SMEs) and small-scale industries.

In the present...


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