A few large lenders will launch a new lending platform, based on the Open Credit Enablement Network (OCEN) protocol for micro-small-medium-enterprises (MSMEs), in the next one or two months, a senior ...
Across the world, small businesses struggle to access credit and tap into formal financial markets. In India specifically, the micro small & medium enterprises (MSME) credit gap, which is the credit ...
Financial Services in India is witnessing an unbundling of products and services like never before. In the past, financial institutions like banks were responsible for the entire value chain for ...
The Open Credit Enablement Network (OCEN) represents a groundbreaking initiative in India’s financial ecosystem, poised to revolutionize access to credit for Micro, Small, and Medium Enterprises ...
India is home to the world’s largest number of Micro, Small and Medium Enterprises (MSMEs) with over 64 million of these businesses generating 110 million jobs, contributing approximately 30% of the ...
Think tank for Indian software products iSPIRT alongside UGRO Capital, IIFL, and fintech firm GetVantage has launched the Priority Sector Lenders Association of India (PSLAI) to streamline the credit ...
Nearly 65 million micro, small and medium enterprises (MSMEs) contribute 30% of India’s gross domestic product and employ around 110 million people. By virtue of their regional spread and local ...
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