Whither Factoring in India ?
Factoring has become wellestablished one in developing countries, par ountries, particularly highl y highly industrialized one. In various Asian countries, the growth of factoring has been dramatic while in Latin America, financial institutions continue to join the industr o join the industry....
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Srusti Academy of Management
2009-06-01
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| Series: | Srusti Management Review |
| Online Access: | http://www.srustimanagementreview.ac.in/paperfile/985340676_Whither%20Factoring%20in%20India-Dr.%20T.%20Satyanarayana%20Chary%20&%20C.%20Shyam%20Sunder-Vol.%20-%202%20%20%20Issue%201%20%20%20January%20%E2%80%93%20June%202009.pdf |
| Summary: | Factoring has become wellestablished one in developing
countries, par ountries, particularly highl y highly
industrialized one. In various Asian
countries, the growth of factoring
has been dramatic while in Latin
America, financial institutions
continue to join the industr o join the industry.
Similar growth has occurred in
Central Europe, the Baltic’s and the
Middle East. e East. Today, almost every
industr industry can profit from factoring.
Textiles and cl es and clothing ar thing are the most
popular but manufacturer s of
industrial industrial and farm equipment, arm 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 ver y
successfully. The present paper ent paper is
a modest attempt to discuss the
conceptual framework,
international and Indian
experience of Factoring al oring along with
the future of Factoring services in
Indi |
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| ISSN: | 0974-4274 2582-1148 |