MSME loans back on track in FY22
Micro and small loans as of March 2022 grew by 21.5 percent to ₹4,95,281 crore from ₹4,07,675 crore as of March 2021 Advances to Micro,...
Public sector lender Bank of Baroda is now targeting at least 65% of retail originations and 35% of MSME loans (value-wise) to be done digitally by the end of the current fiscal year. This comes after overhauling its IT infrastructure to set up digital banking departments internally. The bank is also targeting Rs 50,000 crore of digital lending in the current fiscal year.
Public sector lender Bank of Baroda is now targeting at least 65% of retail originations and 35% of MSME loans (value-wise) to be done digitally...
MAS Financial announces strategic partnership with Bank of Maharashtra for MSME loan
MAS Financial Services on Tuesday announced that it has entered into a strategic co-lending partnership with Bank of Maharashtra for lending to micro, small and...