V. S. Krishna Kumar

Allahabad Bank engages in the business of debenture or security trusteeship fees and custodian fees. It operates through the following segments: Treasury, Corporate or Wholesale Banking, Retail Banking, and Other Banking Operation. The company was founded on April 14, 1865 and is headquartered in Kolkata, India.

Canbank Factors Ltd. is a subsidiary of Canara Bank, controlled by the Government of India. The company is based in Bangalore, India and was founded in 1991. The Indian company provides cash flow solutions for MSMEs through sale bill factoring, LC discounting, purchase bill discounting, and vendor financing schemes. The company offers quick response and better pricing for their client-friendly products. Factoring is the discounting of receivables, converting credit sales into cash sales immediately. The company purchases receivables on a recourse basis and provides immediate credits up to 80%% to 90%% of the value of invoices. The benefits of factoring include improving turnover, better credit management, improving profit, and making balance sheets healthier. Canbank Factors provides complementary WC limits availed from banks, follow-up of each invoice by factor and collection of dues, and off-balance-sheet finance.

Canbank Computer Services Ltd. is an Indian company ultimately controlled by the Government of India. The company is based in Bangalore, India. The company was founded in 1994.