India had its own 9/11, as it woke up to the demonetisation of high-value currency notes. It is arguably the boldest, newest, largest, riskiest and most influential reform since 1991. This exercise would cause inconvenience to everyone in the country in the short term but prove helpful in the med…
Tag: MSME Loans
MoneyTap launches credit line app
Fintech start-up MoneyTap has launched a credit line app in partnership with its banking partner RBL Bank. Using the app, a salaried employee can borrow as little as Rs. 3,000 or as much as Rs. 5 lakh from a bank. Credit line is a fairly new concept in India, and is an arrangement between a bank …