The banking community should view MSMEs not merely as a sector of risk but as a sector brimming with opportunity, Finance Minister Nirmala Sitharaman said on Monday and noted that cash flow-based lending has the transformative potential to address the working capital requirements of MSME uni
Hyderabad (Telangana) [India], October 10: Pennant Technologies, an agile and innovative financial technology company, today announced it has been positioned as Category Leader by Chartis Research in the 2024 Market Quadrant Report on Credit Lending Operations. The report outlines the curren
London [UK]/ New Delhi [India], February 12: Galytix, the GenAI data technology company for financial institutions, announced the expansion of its next generation GX data platform, which is now being used by global banks to automate corporate credit lending and generate early warning signals
New Delhi [India], Sept 16 (ANI): The Central government has enhanced insurance cover for banks up to 90 per cent for working capital loans and moderation in premium incidence for the micro, small and medium enterprises (MSMEs) sector.
New Delhi [India], Oct 21 (ANI): The ASSOCHAM lauded the Reserve Bank of India's (RBI) move to incentivise banks which are enhancing credit lending facilities to non-banking financial companies (NBFCs) by easing liquidity norms and increasing the ceiling for lending to a single NBFC until De