Facts from the Fintech world

News, statement and articles from Fintech Industry

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MSME Sector: Framework for easing credit flow on the anvil

In order to ease flow of credit to MSME sector, RBI Deputy Governor S S Mundra today said the apex bank would soon put in place a framework for accreditation …

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MSMEs must be encouraged to obtain ratings: CII-Crisil Report

The Micro, Small and Medium Enterprise must be encouraged to obtain ratings as such ratings bring significant benefits to small enterprises as well as funding institutions.

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Banks switching from ECS to NACH, here is what you need to know

National Automated Clearing House (NACH) has been implemented by National Payments Corporation of India (NPCI) for Banks, Corporate, Financial Institutions, Corporates and Government a web based solution to facilitate interbank, …