IDEAS home Printed from https://ideas.repec.org/a/sae/vision/v7y2003i1p55-68.html
   My bibliography  Save this article

Performance Evaluation of Indian Factoring Business: A Study of SBI Factors and Commercial Services Limited, and Canbank Factors Limited

Author

Listed:
  • Prashanta Kumar Banerjee

Abstract

Factoring is a global industry with a vast turnover. It offers various advantages like consistent cash flow, lower administration costs, reduced credit risks and more time for core activities. Both the domestic and international factoring are getting popularity at an impressive rate in all parts of the world. The factoring services made an entry in India in the year 1991. Since then, a good number of factoring companies namely SBI Factors and Commercial Services Ltd., Canbank Factors Ltd, Wipro Finance Ltd., Integrated Finance Company Ltd, and Foremost Factors Ltd. have been offering factoring services in India. This paper evaluates the operational and financial performance of Indian Factoring Companies. For this, Ratio, Annual Average, Average Per Annum Growth Rate, Compound Growth Rate and Mann-Whitney U test have been used. The study confirms that operational and financial performance of the factors in India has been improving through time.

Suggested Citation

  • Prashanta Kumar Banerjee, 2003. "Performance Evaluation of Indian Factoring Business: A Study of SBI Factors and Commercial Services Limited, and Canbank Factors Limited," Vision, , vol. 7(1), pages 55-68, January.
    • Handle: RePEc:sae:vision:v:7:y:2003:i:1:p:55-68
    DOI: 10.1177/097226290300700105
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/097226290300700105
    Download Restriction: no
    File URL: https://libkey.io/10.1177/097226290300700105?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:vision:v:7:y:2003:i:1:p:55-68. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.