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‘Select SME associations in India should now be designated as SROs’

‘Select SME associations in India should now be designated as SROs’

19 January 2022
| By Invoice Bazaar

In India, various small industry associations are currently striving to bring together the fragmented and geographically scattered micro, small and medium enterprises (MSMEs) into a common thematic fold. As inclusive development of MSMEs is crucial, some select small industry associations should be designated as Self Regulatory Organizations (SROs) to enable them to regulate the behavior and norms of the MSMEs. These SROs can operate as non-governmental organizations for drawing up and enforcing rules and standards for the proper conduct of MSMEs. Furthermore, such SROs can help the MSME sector to come together to set higher quality parameters, monitor industry performance, improve productivity, among others.

New hires to serve growing pipeline of funding opportunities

BY Triterras

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Private Capital Investors in Trade Finance: An Asset Manager’s Perspective

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The transaction banking revolution has only just begun

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Congratulations to our Triterras’ Chief Commercial Officer (CCO) Ashish Srivastava, who was interviewed and quoted in the article “The Transaction Banking Revolution has Only Just Begun” by Euromoney. Ashish was featured along with C-Suite Executives from Citi, HSBC, Deutsche Bank and Standard Chartered Bank, among others.

Global Trade Finance Gap Expands to $2.5 Trillion in 2022

BY Asian Development Bank

13/09/23

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How blockchain-based facilities can close the $2tn global trade finance gap

BY Trade Finance Global

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The Impact of COVID-19 on Trade Finance: A Retrospective Analysis

BY Triterras

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The COVID-19 pandemic caused significant disruptions to trade finance, challenging its traditional processes and resilience. Despite the initial setbacks, the industry demonstrated remarkable adaptability by embracing digital solutions and collaborating with governments and institutions.

Innovating Trade Finance for MSMEs

BY Triterras

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BY Triterras

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BY Euromoney

26/07/23

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BY Treasury Today Group

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BY Triterras

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The resurgence of LCs is a testament to the resilience and adaptability of the global trade finance industry. It demonstrates the industry's ability to respond to changing circumstances, whether it is the rise of digital technology or the tightening of liquidity, it also underscores the enduring relevance of traditional financial instruments.

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05/07/23

Trade finance assets have traditionally been ignored by investors because they perceive them as a complicated and unstructured asset class with multiple variations dependent on geographies, commodities or goods, and counterparty. But in recent years, this lesser-known asset class has drawn increasing interest as an uncorrelated investment with low risk and the possibility of high returns.

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BY Triterras

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The shocking failure and the dramatic shutdown of Silicon Valley Bank (SVB) within 48 hours in March 2023, began with a Twitter-fuelled bank run, government actions (or inactions), Fed’s rate hikes, poor risk management, etc. The fallout from the collapse of America’s 16th largest commercial bank (followed by the Credit Suisse crisis), created a perfect storm that engulfed in itself, other US regional banks and rattled financial markets.

Trade finance must digitalize to combat fraud

BY Euromoney

21/06/23

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BY Financial Times

14/06/23

The world today is a digital one. Yet the global trading system is suffocating under a mountain of billions of paper documents. Currently, a trade transaction can require up to 40 different paper-based trade documents, many of which ask for the same information over and over again. The process is slow, costly and can take up to two to three months to complete.

A new paradigm for global trade

BY Standard Chartered

07/06/23

Global trade is shifting, with new centers emerging in Asia, Africa and the Middle East. High-growth corridors in these regions will help propel global trade from USD21tn to USD32.6tn by 2030. However, are businesses prepared to capture the opportunities offered by these shifts, given that almost half the global business leaders of today, are struggling with the impact of rising geopolitical tensions, tariffs, inflation, and energy prices?

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BY Triterras

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CRR hit to trade-finance banks should be avoided

BY Euromoney

24/05/23

Will the banking sector notice an increase in the cost of trade finance instruments? Mr. Srinivas Koneru, our Triterras' Chairman & CEO sheds light on this with an explanation on how banks will be selective with funding, and ultimately impacting small to medium businesses. The EU Capital Requirements Regulation (CRR) seems to have notable impacts on EU banks.

‘Select SME associations in India should now be designated as SROs’

Related Articles

New hires to serve growing pipeline of funding opportunities

Private Capital Investors in Trade Finance: An Asset Manager’s Perspective

The transaction banking revolution has only just begun

Global Trade Finance Gap Expands to $2.5 Trillion in 2022

How blockchain-based facilities can close the $2tn global trade finance gap

The Impact of COVID-19 on Trade Finance: A Retrospective Analysis

Innovating Trade Finance for MSMEs

The Future of FinTech: The Technological Revolution in Trade Finance

The Rising Influence of Non-Bank Financial Institutions in today’s market

Impact of Changing Interest Rate Expectations in US & Europe on TF Flows

Trade finance volumes robust as growth slows

Financial market volatility complicates funding environment

The Resurgence of Letters of Credit: A Response to Tightening Liquidity & Rising Interest Rates

Trade Finance Receivables: A Growing Asset Class

Impact of regional US banks’ fallout on Trade Finance: How LC & Open Account Financing fared in the crisis

Trade finance must digitalize to combat fraud

The world’s trading system needs to ditch its paper trail

A new paradigm for global trade

Digital Supply Chain Finance is the future for global economic development & recovery

CRR hit to trade-finance banks should be avoided

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