• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• Business Line
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Mumbai, Aug. 28

Global Trade Finance Ltd (GTF) has crossed factored assets size of Rs 1,000 crore in July 2006.

The non-banking finance company's performance can be attributed to over 100 per cent year-on-year growth in assets since its inception in 2001, a press release said.

Small and medium enterprises account for 70 per cent of the factored assets. As of July 2006, GTF's portfolio of factored assets stood at Rs 1,026 crore, the release added.

More Stories on : Financial Services | NBFCs

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
SMEs opting for ECB route to raise funds

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line