IFC, Axis Bank join hands to support small businesses

IFC, Axis Bank join hands to support small businesses.

International Finance Corporation (IFC) is partnering with Axis Bank, a private sector bank, Axis-Bank to support trade financing requirements of Indian exporters.

This will help Indian exporters access markets globally and boost the country’s international trade.

IFC will support Axis Bank’s trade finance business by providing partial or full guarantees covering payment risk of its clients.

“IFC’s trade finance facility will support Axis Bank’s ability to help small businesses tap growth opportunities,” said Sidharth Rath, President, Treasury and Business Banking, Axis Bank.

Leave a Reply

Your email address will not be published. Required fields are marked *