The report identifies several key obstacles, such as the inadequacy of collateral, difficulties in verifying the creditworthiness of MSMEs, and the high transaction costs associated with providing small loans. These factors make lending to MSMEs less attractive for financial institutions.
Noida (Uttar Pradesh) [India], July 17: Appy Pie, a leading name in no-code app builder space, is thrilled to announce the acquisition of Appsmakerstore.com, a pioneering platform in the no-code "Do It Yourself" mobile app building industry. This asset transaction covers the technology, plat
New Delhi [India], July 15: Chartered Accountant and Company Secretary Anshul Agrawal-led Ekagrata Eduserv Pvt. Ltd., which operates CA test-preparation start-up Ekagrata CA, has been acquired by Adda247's holding company, Metis Eduventures Pvt. Ltd., in a cash and equity transaction. The de
Mumbai (Maharashtra) [India], July 15: Kotak Bank announces the latest enhancement of its Kotak811 Banking App, boasting a revamped user interface for a truly intuitive experience. The app is poised to transform UPI transactions and other essential banking features, opening the door to a wor
Sources further said that "Nothing new has been provided in these rules, it is already mentioned in the State Reorganization Act of 2019. The current amendment to rules is just a clarificatory in nature flowing from the existing provisions of SRA 2019."
The Gross Merchandise Value (GMV) of orders at the Government e Marketplace (GeM) has clocked at Rs 1,24,761 Lakh crore at the end of first quarter (April-June).
This represents 29 per cent increase compared to H1 2023. Meanwhile, new office space supply witnessed a sharp decline of 32 per cent year-over-year (YoY), with only 17.4 million square feet completed in H1 2024. This limited supply, coupled with increased transaction activity, led to a decr
New Delhi [India], July 4: In a groundbreaking collaboration, Payhuddle, a global leader in payment solutions, joins forces with Nepal Clearing House Limited (NCHL) to revolutionize Nepal's payment ecosystem. Together, they unveil a cutting-edge web-based centralized payment testing, pre-cer
The initiative aims to streamline trade transactions between India and Myanmar, enhancing efficiency by eliminating complexities associated with exchange rates through direct payment in local currencies.
"To keep the system of Krishi Upaj Mandi in order, senior officials should conduct surprise inspections of weighing scales, financial transactions, and other systems of the Mandi. It should be ensured that the interests of the farmers are not compromised anywhere and the farmers' faith in th
New Delhi [India], June 28:In today's fast-paced digital world, the way we handle money and transactions has transformed significantly. Among the most notable changes is the rise of mobile payments, which have revolutionized how consumers and businesses interact financially. Mobile payments
Mumbai (Maharashtra) [India], June 27: Jagsonpal Pharmaceuticals announced the acquisition of the India and Bhutan businesses of Yash Pharma. The transaction, facilitated by boutique investment banking firm Growthally Advisors, is expected to not only expand the therapeutic reach of Jagsonpa