A senior official stated that BharatTradeNet (BTN), a single trade documentation interface, will need a specialized agency ...
The report highlights that as of November 2024, bank credit to MSMEs grew by 13 per cent year-on-year (YoY), significantly outstripping the 6.1 per cent YoY growth seen by large enterprises.
The credit to MSMEs grew 13% YoY against 6.1% for large enterprises at the end of November 2024, noted the Survey ...
MSMEs have always been the backbone of India’s economic growth, and their continued progress is crucial to achieving the ...
Zerodha’s co-founder Nikhil Kamath wrote that taking debt is not good but there is no reward without risk. He goes on to ...
The RBI introduced ULI in August 2024 as a frictionless credit platform aimed at empowering smaller and rural borrowers.
( MENAFN - KNN India) Mumbai, Jan 25 (KNN) In a forward-looking move, the Reserve bank of India (RBI) is exploring the use of ...
RBI Deputy Governor T Rabi Sankar has called on the banks to step up collaboration with RBI to ensure the success of CBDCs ...
India is among 36 countries where the CBDC is currently in the pilot stage. The Unified Lending Interface (ULI), the RBI’s UPI-like digital public infrastructure in the lending space, has disbursed ...
The Reserve Bank of India’s (RBI’s) lending platform Unified Lending Interface (ULI) has extended 7.5 Lakh loans worth INR 38,000 Cr so far.
The Reserve Bank of India’s (RBI) Unified Lending Interface (ULI), touted as the UPI-of lending space, has disbursed 7.5 lakh loans worth Rs 38,000 crore so far, central bank's chief general ...
Banks have disbursed a total of 7.5 lakh loans amounting to ₹38,000 crore till now under the Reserve Bank of India’s (RBI) ...