CAM is designed to provide a uniform, efficient way to evaluate MSME creditworthiness using digital tools. By leveraging existing data in the digital ecosystem, such as payment history and business records, the system aims to reduce delays and human errors in loan processing.
The Union Cabinet on Wednesday approved the incentive scheme with a financial outlay of Rs 26 billion for the promotion of RuPay Debit Cards and low-value BHIM-UPI transactions (P2M) for 2022-23, compared with Rs 15 billion in 2021-22.
The Union Cabinet, chaired by Prime Minister Shri Narendra Modi on Wednesday approved the incentive scheme for the promotion of RuPay Debit Cards and low-value BHIM-UPI transactions (person-to-merchant) for a period of one year from April 2022.
New Delhi [India], December 15 (ANI): The Union Cabinet led by Prime Minister Narendra Modi on Wednesday approved an incentive scheme worth Rs 1,300 crore for the promotion of RuPay Debit Cards and low-value (up to Rs 2,000) BHIM-UPI transactions (person-to-merchants) in the country.
Mumbai (Maharashtra) [India], November 24 (ANI): Responding to the recent digital transaction row in the State Bank of India, the bank on Tuesday said in a statement that it does not charge any transaction fee from its Basic Savings Bank Deposit (BSBD) customers for digital transactions, inc
New Delhi [India], Jan 19 (ANI): Paytm Payments Bank on Friday announced the launch of physical RuPay Debit Cards for its banking customers to seamlessly make payments across online platforms and offline stores.