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| Year | 2009 50 Downloads |
| Volume/Issue/Review Month | Vol. - 2 | Issue 1 | January – June |
| Title | Whither Factoring in India ? |
| Authors | Dr. T. Satyanarayana Chary , C. Shyam Sunder |
| Broad area | Whither Factoring in India |
| Abstract | Factoring has become wellestablished one in developing countries, particularly highly industrialized one. In various Asian countries, the growth of factoring has been dramatic while in Latin America, financial institutions continue to join the industry. Similar growth has occurred in Central Europe, the Baltic’s and the Middle East. Today, almost every industry can profit from factoring. Textiles and clothing are the most popular but manufacturers of industrial and farm equipment, office equipment, electronics and processed food are increasingly turning to factoring. In fact, it has become a great source of finance for running the business very successfully. The present paper is a modest attempt to discuss the conceptual framework, international and Indian experience of Factoring along with the future of Factoring services in India. |
| DOI | Factor’ has been derived from the Latin word ‘Facere’ which means ‘to make or to do’. According to the Webster Dictionary ‘Factor’1 is an agent, as a banking or insurance company, engaged in financing the operations of certain companies or i |
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| Referenceses | 1. Khan M.Y &.Jain P.K - Financial Management, New Delhi , TATA-Mc- Graw Hill Publications, , 2007. 2. Pradhan L.N - Business Line Don’t neglect factoring, Factor in factoring Monday, Posted online: 17.12.2007 http://www.thehindubusinessline.com/ bline/mentor/2007/12/17/stories/ 2007121751111200.htm.Dec 17, 2007 3. Foreign majors want a pie of growing factoring biz - Posted online: September 12, 2006 – http:// www.financialexpress.com/news/ foreign-majors-want-a-pie-ofgrowing- biz/177355/. 4. Krishna Vishal, Factor This, www.business-standard.com./issue/ indepth02.asp - 5. http://www.factors-chain.com/ p=ich&uli=AMGATE_7101_2-1- TICH-L84932595HTTP:// WWW.CANABANKFACTORS.COM 6. http://www.canbankfactors.com/ cbfl%20annual%20report.pdf 7. www.hsbc.co.in/in/corp/factorsrev.htm. 8. http://www.gtfindia.com./newsevents/ finalgtfpressreleaseapril2808.pdf 9. http://www.gtfindia.com./products/ factoringoverview.htm 10. http://foremostfactors.net 11. http://www.gtfindia.com 12. http://www.ecgindia.com 13. http://www.citibank.co.in 14. http://www.keralaindustry.org/ e_magazine/export_ credit_ guarantee _corporat.htm 15.http://www.factoringhouse.com/ clientele.htm. 16. http://www.sidbi.in/fac.asp. 17.http://www.blonnet.com/ businessline/2001/ 03/ 10/stories/ 1410603r.htm |
