Trade finance got more digitised post-Covid: Report

During the pandemic, Axis Bank, HDFC Bank and State Bank of India were most helpful in helping their clients mitigate the impact of COVID-19 on trade finance, according to a survey by Greenwich Associates, the analytics arm of ratings firm Crisil. "Battered by the COVID-19 crisis, large Indian companies are looking to their banks for digital solutions that can make their supply chains more resilient to pandemic-related disruptions" said the report released by Crisil.

from Banking/Finance-Industry-Economic Times https://ift.tt/397oMtl