Casual India

Performance Evaluation of Indian Factoring Business: whatsoever Lessons for Bangladesh - Prashanta Kumar Banerjee ? Abstract Factoring is a global industry with a vast turnover. It offers various advantages like consistent cash flow, spurn administration costs, reduced credit risks and more time for affection activities. Both the domestic and international factoring are acquiring popularity at an impressive rate in all separate of the world. Bangladesh is yet to pull in factoring services. Because of common regional and sparing characteristics, the experiences of Indian factoring industry might help Bangladesh to introduce factoring services, of course, within her own socio -economic frame. The factoring services make an entry in India in the year 1991. Since then, a unspoilt number of factoring companies namely SBI Factors Limited and Commercial work Ltd., Canbank Factors Ltd, Wipro Finance Ltd., Integrated Finance Company Ltd, and Foremost Factors Factors Ltd be in possession of been offering factoring services in India. This paper evaluates the running(a) and financial performance of Indian Factoring Companies and finally tries to let some lessons for Bangladesh.

For this, Ratio, Annual Average, Average Per Annum maturation Rate, Compound Growth Rate and Mann - Whitney U test have been used. The study confirms that working(a) and financial performance of the factors in India has been improving over time. 1. macrocosm The factoring services 1 made an entry into India with deliberate attempt back up by the industrial organizations and academicians as a step ship to upgrade economy in the year 1991. To introduce these services, for the archetypical time, Working group on Money Market popularly known as Vaghul Committee was constituted in 1987 which potently recommended for... If you want to get a full essay, order it on our website: Orderessay

Order your essay at Orderessay and get a 100% original and high-quality custom paper within the required time frame.