Tag: Yes Bank

Yes_Bank

SME lending to get a boost at Yes Bank with $150 m investment from OPIC

India’s fourth largest private sector bank – Yes Bank – has received another round of $150 million funding from US government and Wells Fargo to fund small and medium enterprises (SME) lending. Overseas Private Investment Corporation (OPIC) will provide $75 million in financing to Yes Bank and up…

Yes_Bank

Yes Bank launches ‘YES GST’ programme for MSMEs

Through the program, the Bank will help MSMEs understand the impact of the proposed changes under the new tax system. Missed Call Helpline facility, GST-ready Working Capital Management, GST-ready Invoicing and Cash Management solution, and GST-ready Business Credit Cards will be provided.

GST

‘MSMEs all set to embrace GST challenges’

The CII MSME Summit titled, ‘Breaking Barriers to Excellence: Unlocking Hidden Potential,’ echoed the preparedness of MSMEs to adopt the GST regime. Alongside, the MSMEs seek support from the government for training and awareness programmes on how to implement it, which is critical fo…

Anand Radhakrishnan

‘The runway for mid & small-cap companies is long but not infinite’

According to Morningstar India, mid-cap funds constituted 11% of the overall equity fund assets under management in 2014; this moved up to 16% in 2015 and currently stands at 20%. Mid- and small-cap funds have been getting a lot of inflows as compared to large-cap flows. Are we building ourselves…

Benow

Benow enables small merchants to accept digital payments through BHIM & UPI

The Benow digital payments platform is empowering hundreds of local merchants across Mumbai to accept hassle-free digital payments through BHIM & other UPI apps. Named as ‘BHIM-Enablement Service’, this is a cost-effective and secure method of accepting payments directly into the merchant’s b…

fintech1

Fintech start-up perfios secures $6.1 mn in series A funding

Bengaluru-based fintech firm Perfios has reportedly raised $6.1 Mn (INR 40 Cr) in Series A funding round from Bessemer Venture Partners. This is Bessemer’s first deal in a pure play fintech platform. The raised funds will be used for team strengthening, international expansion to the UAE & So…