New Delhi, Feb. 29 -- Participating Banks: The following banks were included in the comparative analysis:

1. State Bank of India (SBI)

2. HDFC Bank

3. ICICI Bank

4. Axis Bank

5. Punjab National Bank (PNB)

6. Bank of Baroda

Defining Supply Chain Finance

1. Understanding Supply Chain Finance

SCF is a financial solution designed to op timize cash flow within a supply chain, al lowing businesses to unlock working capital trapped in payables or receivables. It involves leveraging financial instruments to enhance supply chain efficiency, benefiting both buy ers and suppliers.

2. Evolution of Supply Chain Finance in India

SCF in India has evolved from traditional trade finance to address diverse financial needs across industrie...