A senior official stated that BharatTradeNet (BTN), a single trade documentation interface, will need a specialized agency ...

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 ...

The Reserve Bank of India’s (RBI’s) lending platform Unified Lending Interface (ULI) has extended 7.5 Lakh loans worth INR 38 ...

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) ...

Banks must collaborate with the RBI to expedite the implementation of digital initiatives like CBDC and ULI, emphasized ...

He further stated that as technology, especially artificial intelligence (AI), rapidly advances, the banking sector must ...

The Central Bank Digital Currency (CBDC) could be used for the collection of micro-loans as an innovative tool to streamline ...