👍👍👍👍👍Shopify partners with CRED to expand payment options | The Financial Express

https://www.financialexpress.com/business/industry-shopify-partners-with-cred-to-expand-payment-options-3244072/ Clipped from: https://www.financialexpress.com/business/industry-shopify-partners-with-cred-to-expand-payment-options-3244072/ CRED pay is already live on select Shopify merchants and will be rolled out to all merchants. X E-commerce company Shopify has

👍👍👍👍👍Why 73,576 MSMEs have cancelled their Udyam licenses? Check here | The Financial Express

https://www.financialexpress.com/business/sme-msme-eodb-why-73576-msmes-have-cancelled-their-udyam-licenses-check-here-3035328/ Clipped from: https://www.financialexpress.com/business/sme-msme-eodb-why-73576-msmes-have-cancelled-their-udyam-licenses-check-here-3035328/ Ease of doing business for MSMEs: The total cancellation count was only 0.43 per cent of 1.67 crore MSMEs registered on the

👍👍👍👍👍👍👍WhatsApp Business to be a go-to-market app for every SME in India: Ravi Garg, Director Business messaging India, Meta | The Financial Express

https://www.financialexpress.com/business/sme-whatsapp-business-to-be-a-go-to-market-app-for-every-sme-in-india-ravi-garg-director-business-messaging-india-meta-3243945/ Clipped from: https://www.financialexpress.com/business/sme-whatsapp-business-to-be-a-go-to-market-app-for-every-sme-in-india-ravi-garg-director-business-messaging-india-meta-3243945/ Meta-owned messaging app WhatsApp is looking to play a larger and more meaningful role in India’s digital growth with its Business app,

Tata Power Solar, SIDBI to offer loans to MSMEs opting for rooftop solar PV plant | The Financial Express

https://www.financialexpress.com/business/sme-tata-power-solar-sidbi-to-offer-loans-to-msmes-opting-for-rooftop-solar-pv-plant-3241952/ Clipped from: https://www.financialexpress.com/business/sme-tata-power-solar-sidbi-to-offer-loans-to-msmes-opting-for-rooftop-solar-pv-plant-3241952/ Tata Power Solar and SIDBI also launched The Big Solar Fest to encourage the adoption of solar energy among MSMEs with zero

👍👍👍👍👍G20 paper by World Bank: MSME credit issue can be addressed by Digital Public Infrastructure; here’s how | The Financial Express

https://www.financialexpress.com/business/sme-g20-paper-by-world-bank-msme-credit-issue-can-be-addressed-by-digital-public-infrastructure-heres-how-3237197/ Clipped from: https://www.financialexpress.com/business/sme-g20-paper-by-world-bank-msme-credit-issue-can-be-addressed-by-digital-public-infrastructure-heres-how-3237197/ “MSMEs are a critical component of most economies, accounting for a significant portion of employment and economic activity. However, MSMEs often face

👍👍👍👍👍G20 platform for financial inclusion GPFI says MSME finance a priority area for next three years | The Financial Express

https://www.financialexpress.com/business/sme-g20-platform-for-financial-inclusion-gpfi-says-msme-finance-a-priority-area-for-next-three-years-3237357/ Clipped from: https://www.financialexpress.com/business/sme-g20-platform-for-financial-inclusion-gpfi-says-msme-finance-a-priority-area-for-next-three-years-3237357/ According to the G20 Financial Inclusion Action Plan (FIAP) by GPFI released on September 7, “MSME finance, interpreted as improving MSMEs’ access

Sachetisation of MSME Loans: A game-changer for Indian MSMEs? | The Financial Express

https://www.financialexpress.com/business/sme-sachetisation-of-msme-loans-a-game-changer-for-indian-msmes-3200233/ Clipped from: https://www.financialexpress.com/business/sme-sachetisation-of-msme-loans-a-game-changer-for-indian-msmes-3200233/ In the context of MSMEs, sachetisation of MSME loans allows these enterprises to access credit in smaller amounts that are tailored to

Punjab National Bank launches GST Sahay App for invoice-based MSME loans up to Rs 2 lakh | The Financial Express

https://www.financialexpress.com/business/sme-punjab-national-bank-launches-gst-sahay-app-for-invoice-based-msme-loans-up-to-rs-2-lakh-3227651/ Clipped from: https://www.financialexpress.com/business/sme-punjab-national-bank-launches-gst-sahay-app-for-invoice-based-msme-loans-up-to-rs-2-lakh-3227651/ Through the app, all GST-registered MSMEs having an active account with PNB will be able to access the bank’s GST Sahay service

56% of new internet users to be from rural India by 2025: report – The Hindu BusinessLine

https://www.thehindubusinessline.com/news/56-of-new-internet-users-to-be-from-rural-india-by-2025-report/article67282295.ece Clipped from: https://www.thehindubusinessline.com/news/56-of-new-internet-users-to-be-from-rural-india-by-2025-report/article67282295.ece The country is at the top spot in terms of a unique identity programme, with 130 crore people enrolled under Aadhaar, says

Udyam registration for MSMEs: Govt’s portal crosses 2.5 crore milestone; check details | The Financial Express

https://www.financialexpress.com/business/sme-formalising-msmes-new-milestone-achieved-this-many-msmes-registered-on-udyam-so-far-check-details-3231244/ Clipped from: https://www.financialexpress.com/business/sme-formalising-msmes-new-milestone-achieved-this-many-msmes-registered-on-udyam-so-far-check-details-3231244/ The total employment reported by 1.89 crore units (excluding UAP-based registrations) was 13.52 crore, as of September 3, 2023, with 1.38 crore

👍Enhancing MSME Growth through Risk Reduction: Introducing Credit Scoring in the Trade Credit Sector | The Financial Express

https://www.financialexpress.com/business/sme-enhancing-msme-growth-through-risk-reduction-introducing-credit-scoring-in-the-trade-credit-sector-3231241/ Clipped from: https://www.financialexpress.com/business/sme-enhancing-msme-growth-through-risk-reduction-introducing-credit-scoring-in-the-trade-credit-sector-3231241/ Using credit scores to provide loans has become quite a common phenomenon in the lending sector. It enabled banks to process loans

GeM’s provision of penal interest on delayed payments to be fully functional from September end | The Financial Express

https://www.financialexpress.com/business/sme-gems-provision-of-penal-interest-on-delayed-payments-to-be-fully-functional-from-september-end-3233318/ Clipped from: https://www.financialexpress.com/business/sme-gems-provision-of-penal-interest-on-delayed-payments-to-be-fully-functional-from-september-end-3233318/ In 2020, the government decided to levy a 1 per cent penalty on government departments and agencies for delayed payments to vendors

👍👍👍👍👍PayNearby, Grameen Foundation partner to upskill 1.5 lakh business correspondents in rural areas | The Financial Express

https://www.financialexpress.com/business/sme-paynearby-grameen-foundation-partner-to-upskill-1-5-lakh-women-in-rural-areas-as-business-correspondents-3232193/ Clipped from: https://www.financialexpress.com/business/sme-paynearby-grameen-foundation-partner-to-upskill-1-5-lakh-women-in-rural-areas-as-business-correspondents-3232193/ The collaboration will launch a two-year pan-India project ‘Scaling Agent Viability and Quality in India’ supported by the Bill and Melinda Gates

How RBI’s frictionless credit project will help borrowers – The Hindu BusinessLine

https://www.thehindubusinessline.com/blexplainer/how-rbis-frictionless-credit-project-will-help-borrowers/article67228230.ece Clipped from: https://www.thehindubusinessline.com/blexplainer/how-rbis-frictionless-credit-project-will-help-borrowers/article67228230.ece The digital platform can help significantly reduce the turnaround time, which would lead to better operational efficiency What is the public tech

Credit demand of digitised SMEs to cross $570b in 5 years, says report – The Hindu BusinessLine

https://www.thehindubusinessline.com/money-and-banking/credit-demand-of-digitised-smes-to-cross-570b-in-5-years-says-report/article67231258.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/credit-demand-of-digitised-smes-to-cross-570b-in-5-years-says-report/article67231258.ece According to a report by Redseer and GetVantage, out of the $220 billion credit demand, only $165 billion is being fulfilled In

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