Clipped from: https://www.financialexpress.com/opinion/fintech-revolution-needs-regulatory-help/2221277/ They have cracked the payments piece but to do the same in the lending space, fintechs need important permissions from RBI And here
Category: MSME-Startup
View: New foreign trade policy is an opportunity for MSMEs to leverage e-commerce for their growth – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/view-new-foreign-trade-policy-is-an-opportunity-for-msmes-to-leverage-e-commerce-for-their-growth/articleshow/81713632.cms Synopsis–India’s 2021-26 foreign trade policy (FTP), currently under formulation, is likely to be released on April 1. The earlier FTP that was due
‘Atmanirbhar’ artisans – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/atmanirbhar-artisans/article34093528.ece This is the key to a self-reliant MSME sector Finance Minister Nirmala Sitharaman, in Budget, 2021–22, said the MSME sector is being redefined
Neo bank — the new disruptor on the block – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/neo-bank-the-new-disruptor-on-the-block/article34093484.ece These digital, online-only entities provide a variety of services tailored to maximise customer banking experience Though neo-banks may adopt a variety of operating
Small units are big growth drivers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/small-units-are-big-growth-drivers/article34101340.ece The govt has taken many steps to support MSMEs. A nudge can propel the sector to contribute a lot more to growth The
Is Ease of Doing Business ranking over-rated? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/is-ease-of-doing-business-ranking-over-rated/article34162842.ece A top rank without infrastructure, connectivity, skilled manpower and lower cost of production is of no use to the investor In recent years,
Now Snapdeal’s SME sellers can get faster payments under new fast-track option for goods sold – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-now-snapdeals-sme-sellers-can-get-faster-payments-under-new-fast-track-option-for-goods-sold/2220507/ Credit and Finance for MSMEs: The payment receipt time will be slashed by 76 per cent and will enable sellers to redeploy the
Lending based on GST data improves MSMEs’ access to credit: Vayana Network – The Financial Express
lipped from: https://www.financialexpress.com/economy/lending-based-on-gst-data-improves-msmes-access-to-credit-vayana-network/2220474/ Vayana has till date enabled $6 billion in trade finance for 300 supply chains in 25 different industries and processed 1.7 million transactions.
True Balance raises $10 million in debt funding for its NBFC True Credits – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/true-balance-raises-10-million-in-debt-funding-for-its-nbfc-true-credits/article34132357.ece Fintech app True Balance on Monday announced that it has raised $10 million in debt funding from a group of investors. The debt
MSME funding: How FinTechs can help address credit gap for small businesses–business today
Clipped from: https://www.businesstoday.in/opinion/columns/msme-funding-how-fintechs-can-help-address-credit-gap-for-small-businesses/story/432894.html A symbiotic relationship between banks and digital NBFCs can lead the way towards a win-win situation for all The introduction of the Co-Lending
Supreme Court chooses right–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/supreme-court-chooses-right/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The Supreme Court’s refusal either to extend RBI’s
Policybazaar to team up with Paytm, Ola and IndusInd Bank for NUE bid – The Economic Times
Clipped from: https://economictimes.indiatimes.com/tech/startups/policybazaar-to-team-up-with-paytm-ola-and-indusind-bank-for-nue-bid/articleshow/81657479.cmsSynopsis PolicyBazaar and others have set up an entity called Foster Payment Network which will front the NUE bid under Reserve Bank of India’s
SC seeks government response on plea to plug loopholes in GST system – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/politics-and-nation/sc-seeks-govt-response-on-plea-to-plug-loopholes-in-gst-system/articleshow/81560493.cmsSynopsis The petition was argued by senior advocate Sonia Mathur in the top court on Wednesday. A three-judge bench led by CJI SA Bobde
How Amazon is fighting door to door to beat Mukesh Ambani – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/how-amazon-is-fighting-door-to-door-to-beat-mukesh-ambani/articleshow/81626064.cmsSynopsis Amazon is approaching zero hour in India. The SC will soon decide on its bid to scuttle the $3.4 billion sale of debt-laden
Business activities gradually improving but it could still be a while before MFI segment sees a turnaround – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/business-activities-gradually-improving-but-it-could-still-be-a-while-before-mfi-segment-sees-a-turnaround/articleshow/81635041.cms Synopsis–With the gradual opening up of the Indian economy, collections picked up pace since the September and December quarter but have slowed in
Bombay High Court stays Service Tax demand notice issued to CA based on ITR
Clipped from: https://www.taxscan.in/bombay-high-court-stays-service-tax-demand-notice-issued-to-ca-based-on-itr-read-order/98363/ Home Top Stories Bombay High Court stays Service Tax demand notice issued to CA based on ITR [Read Order] Featured Headlines Income Tax
Retailers Association of India appeal to the government to be included under MSMEs – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/retailers-association-of-india-appeal-to-the-government-to-be-included-under-msmes/2216161/ Ease of Doing Business for MSMEs: Retail Trade is not classified under Micro and Small enterprises since the year 2017. Ease of Doing
Cisco plans to reach 15 lakh SMBs in the next three years, says its MD for SMBs Panish PK – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cisco-plans-to-reach-15-lakh-smbs-in-the-next-three-years-says-its-md-for-smbs-panish-pk/2216431/ Technology for MSMEs: While the focus for Cisco has always been large enterprises, it started catering to SMBs a year and a half
Why operating desktops in the cloud is the new buzzword for SMBs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/security-tech/technology/why-operating-desktops-in-the-cloud-is-the-new-buzzword-for-smbs/articleshow/81561838.cms Synopsis–Cloud-based desktops provide SMBs with the much-needed mobility to work from anywhere, anytime, and on any device in a highly secure environment. The
‘Atmanirbhar’ artisans – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/atmanirbhar-artisans/article34093528.ece This is the key to a self-reliant MSME sector Finance Minister Nirmala Sitharaman, in Budget, 2021–22, said the MSME sector is being redefined
