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CREDIT ASSESSMENTS FOR MSMES
M1xchange’s S2S platform crosses Rs1,400 Crore YTD throughputM1xchange's deep-tier financing platform has achieved a significant milestone, crossing Rs1,400 crore in throughput. This platform enables ...
Karnataka state planning panel proposes reforms for KSFCKarnataka State Financial Corporation is set for a major transformation. The Karnataka State Policy and Planning Commission has proposed a ...
Born out of microfinance, Bandhan Bank now bets big on AI and digital bankingAs Bandhan Bank accelerates its transition from a microfinance-led institution into a universal bank, Executive Director & COO Ratan Kumar ...
Deloitte India could lead professional services space soon: Romal ShettyDeloitte India’s leadership believes that the future of professional services will extend beyond traditional offerings to solutions, platfo...
India has 60 days of crude oil, 60 days of Natural Gas & 45 days of LPG rolling stock: CentreIndia is launching a national mission to conserve fuel amid global energy market turmoil. The government assures citizens of robust energy ...
Mythos: A challenge for the Indian banking systemClaude Mythos, a cutting-edge AI tool, has unearthed significant weaknesses in cybersecurity systems. In response, Indian authorities are s...
India’s exporters are winning. The money hasn’t caught upExtended transit and receivable cycles, coupled with currency volatility, are straining liquidity. Despite policy interventions, a substant...
Digital lenders wary of small biz; Mythos’ biggest security riskHappy Tuesday! Digital lending firms are turning cautious on term loan exposure to small businesses. This and more in today’s ETtech Mornin...
ET Awards: Sitharaman flags AI threat and global risks, says reforms on the way to support India Inc growthFinance Minister Nirmala Sitharaman is preparing new reforms to ease business compliance. She believes strong domestic consumption will hel...
Drip Capital crosses $9 billion in MSME cross-border trade financeThe fintech company's AI-powered platform offers rapid financing and risk management, addressing India's significant MSME credit gap and en...
Branching out just got easier for NBFCsThe Reserve Bank of India has eased branch opening rules for NBFCs. This move helps gold loan NBFCs expand their reach. It allows them to p...
Liquidity unlocked, access denied: With rating rules, how TReDS leaves most MSMEs behindDespite the government’s TReDS push, experts say the RBI’s move to ease onboarding lacks clarity as credit ratings continue to be a key bot...
TReDS tweak to ease MSME credit flow amid global pressureBanks are set to boost credit flow to MSMEs as regulators ease onboarding for the Trade Receivables Discounting System (TReDS). This move a...
As India's MSME sector matures, IDBI Bank's Sumit Phakka says the lending framework must keep paceIndia's small businesses are now driving economic growth. New government budgets are boosting MSME financing and support. Digital tools are...
Banks should shift exposures from vulnerable MSMEs, lay-off-exposed retail borrowers: EYBanks must act on early risk signals amid the West Asia war. EY suggests shifting exposure from vulnerable small businesses and retail borr...
Budget 2024: Experts say new MSME credit assessment model, NPA shield strengthen small businessesPublic sector banks will take a lead in developing a new credit assessment model on the basis of digital footprints of MSMEs, the FM had sa...
Budget 2024-25: FM Sitharaman lays new credit schemes, rating systems for MSMEsWhile presenting the Union Budget 2024-25 on Tuesday, Sitharaman said: “We have formulated a package covering financing, regulatory changes...