Udaipur: There are many challenges facing industries today. There is a lack of awareness among many entrepreneurs about the compliance of the new guideline of the Reserve Bank of India.The above views were expressed by the Chairman Mr. Ramesh Kumar Singhvi at the Business Conclave. A business conclave on trade finance was organized by Udaipur Chamber of Commerce and Industry under the joint aegis of HDFC Bank. The President of UCCI, Mr. Ramesh Kumar Singhvi, welcomed the guests and participants present at the seminar, describing the various activities being carried out by the UCCI at the beginning of the program. He said that providing finance and banking facilities at minimum cost to the businessmen of MSME sector related to industry and business is a major part of this year's action plan of UCCI.Mr.Hemant Jain, Senior Vice President, UCCI said that this business conclave will be organized by UCCI under joint aegis of HDFC Bank with the objective of providing various financial options to entrepreneurs to promote their business by reducing banking costs.Mr. Manish Galundia, Vice President of UCCI presented a brief introduction to the subject matter experts of HDFC Bank while outlining the Business Conclave.Cluster Head of HDFC Bank, Mr. Rajesh Bhandari provided information about the loan facilities and various other financial facilities provided by the bank to the participants present in the program.Mr.JaysinghShaktawat, Area Sales Head (Trade FX) of HDFC Bank, informed the participants on Basics of Trade FX, Compliance, Process, and Documentation.Mr.Omkar Sharma, Head Head (IFG), HDFC bank informed the participants on Working Capital, Buyers Credit, PCFC / EPC and Bill Discounting.Various queries and doubts of the participants were resolved by HDFC Bank subject matter experts during Question Hour. The seminar was conducted by HDFC Bank's Branch Manager, Mrs.MeenakshiAudichya. The seminar was attended by aa large number of small and medium enterprises of Udaipur, prospective entrepreneurs aspiring to enter the business sector, financial advisors and representatives of chartered accountants.At the end of the seminar, Chairman of the Banking and Financial Institutions Sub Committee of UCCI, Mr.RajkumarHeda thanked everyone.