Sumitomo Mitsui Banking Corporation (SMBC) is to team up with IFMR Capital to offer a range of leasing and financial services to companies in the agriculture and micro, small and medium sized enterprise (MSME) sectors in India. The two companies have signed a memorandum of understanding designed …
Tag: lending
इनफ़ोसिस के पूर्व सीएफओ वी. बालाकृष्णन ने लॉन्च की कम्पनी, SMEs को देगी लोन
इन्फोसिस के पूर्व सीएफओ वी. बालाकृष्णन अपनी नई कंपनी ‘बिलियन लोन्स’ (Billionloans) को लॉन्च कर रहे हैं जिसके माध्यम से बालाकृष्णन भारत के वैकल्पिक ऋण (lending) बाजार में प्रवेश कर रहे हैं। कंपनी का लक्ष्य एसएमई इकाइयों (SMEs) और उपभोक्ताओं को सहायता करना है, साथ ही उनको निवेशकों के साथ जोड़ने में …
Banks advised to push cash flow-based lending to MSMEs
In a bid to increase the institutional credit flow to micro, small and medium enterprises (MSMEs), banks can explore cash flow-based financing, as its funding to the sector is “not as per expectation“, a senior government official has said. “Overall credit growth to the MSME se…
Capital Float, Payworld to enhance Indian grocery stores
Capital Float, the largest digital lending platform in India, has partnered with Payworld to provide kirana (grocery) store owners with convenient financing options, enabling them to expand business operations. Small retailers are often underserved by traditional financial institutions because of…