National, 09th August 2023: Biz2X, a leading digital lending SaaS platform and a subsidiary of Biz2Credit, today announced its partnership with TruBoard Partners, a prominent asset performance management company, on the Maadhyam Platform.
RBI Governor Shaktikanta Das-led Monetary Policy Committee (MPC) commenced its three-day session on Tuesday to determine the upcoming bi-monthly policy, with the decision of the six-member MPC to be announced on Thursday.
Bank credit growth to Micro, Small and Medium Enterprises (MSMEs) has decelerated on a year-on-year basis in the first three months of the current fiscal, according to Reserve Bank data.
Startups need to come up with more economically sustainable business model and tighten their belts to tide over situation created by drop in funding amid global economies facing disruptions, opined players in the segment.
Underlining its significance and role, the Reserve Bank of India in its efforts to ensure the digital lending ecosystem is credible, responsible and transparent…
Several players say default cover of up to 5% of loan portfolio may not be enough when compared to 100% offered by companies to banking partners earlier
According to the RBI, the projected inflation rate for the fiscal year 2023-24 is 5.2%. Despite this, the RBI is optimistic that consumer price index (CPI) inflation will subside this fiscal year.
In this podcast, Nabodita Ganguly speaks to Rohit Arora, CEO and Co-founder of Biz2Credit & Biz2X, about the concept of blended financing and its implications for sustainable development