ArcelorMittal venture executes India’s first ‘paperless bill discounting transaction’

Gujarat-based ArcelorMittal Nippon Steel (AMNS) India said on Sunday it has executed India’s very first “paperless bill discounting transaction” in partnership with ICICI Bank. “In a step forward for digitising trade payments, AMNS India has executed the country’s first domestic paperless bill discounting transaction,” AMNS India said in a statement, adding that ICICI Bank acted …

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