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Give banks capital leeway for insurance-backed trade finance products: IBA to RBI
Give banks capital leeway for insurance-backed trade finance products: IBA to RBI
The Indian Banks’ Association has approached the Reserve Bank of India (RBI) to facilitate capital relief for banks and financial institutions (FIs) in order to boost trade credit insurance penetration in the trade finance line of business. This move is expected to propel forward factoring and bill discounting products that are backed by trade credit insurance.
The Indian Banks’ Association has approached the Reserve Bank of India (RBI) to facilitate capital relief for banks and financial institutions (FIs) in order to boost trade credit insurance penetration in the trade finance line of business. This move is expected to propel forward factoring and bill discounting products that are backed by trade credit insurance.
The Indian Banks’ Association has approached the Reserve Bank of India (RBI) to facilitate capital relief for banks and financial institutions (FIs) in order to boost trade credit insurance penetration in the trade finance line of business. This move is expected to propel forward factoring and bill discounting products that are backed by trade credit insurance. 
