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Indian Bank launches platform for Supply Chain Finance

Indian Bank

Indian Bank has established a Supply Chain Finance Platform via which corporate suppliers and dealers can obtain funds based on digital invoices. S L Jain, the Managing Director and CEO of an Indian bank, launched this supply chain.

Indian Bank

This game-changing tool, developed by the bank, will revolutionise the way firms manage their supply chains and optimise their cash flow.

This would promote a smooth transaction flow based on documentation on pre-agreed agreements with sellers and buyers.