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Started by : Murali Ramamurthy, Product Manager, Canara Bank   09 10 2008 06:29:23 +0000
Industry : BankingFunctional Area : Productivity & Performance(Strategy & Execution)
Activity:  45 views;  last activity : 07 06 2010 20:18:09 +0000

Corporate and Business Banking Sector is endeavoring to cater to its diverse clientele by offering structured products to few identified high potential industry clusters such as Auto, Agri, Pharma and Logistics. Lets put in our ideas and form an cluster of products to be in the market in the next few years.

 
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1 2 3 4
1 3rd Party Logistics Financing
2 Commodity Based Funding:
3 Funding for Automotive Component Industry:
4 Letter of Credit Program

3rd Party Logistics Financing

idea posted by Reuben Ray Cluster Head, Commercial Finance-Tata Capital Ltd
Today logistics support has reached new avenues. Logistics companies take care of end-to-end goods support. The same can be funded by funding the first chain & recovering from the last, tying up the financing needs of the entire chain through a single window.
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Commodity Based Funding:

idea posted by Murali Ramamurthy Product Manager, Canara Bank

It’s a commodity based funding line. Under this product banks offer processors, traders, market intermediaries and farmers for funding against their stock of agricultural commodities. They have service providers in important commodity cluster to reach the customers whichever corner they are in.

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Funding for Automotive Component Industry:

idea posted by Ajeet Kumar Singh Product Manager, ICICI Bank

Indian automotive industry is truly on the fast lane and so its ancillary activities. Banks offer a program line of credit facility to manufacturers of auto components and vendor of Original Equipment Manufacturers (OEMs).

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Letter of Credit Program

idea posted by Yashpal Singh Tomar Product Manager, Barclays

The banks provide for opening inland and import letter of credit facility with a collateral margin upto a maximum of 50%. It is a line of credit for working capital purpose only and purchase of any Capital item is restricted.

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