The State Bank of India (SBI) has introduced ‘SBI Asmita’, a collateral-free digital SME loan designed to support women entrepreneurs in expanding their businesses. The bank also unveiled the ‘Nari Shakti’ platinum debit card, catering to the diverse financial...
Women in India are actively strengthening their financial participation, with credit monitoring among female borrowers rising by 42 percent in 2024, according to a new report by NITI Aayog, in collaboration with TransUnion CIBIL and MicroSave Consulting (MSC). The...
The total loan amount disbursed under operative Kisan Credit Card (KCC) accounts has more than doubled in the last decade, rising from ₹4.26 lakh crore in March 2014 to ₹10.05 lakh crore in December 2024. This surge highlights improved...
Micro, Small, and Medium Enterprises (MSME) are the backbone of India's economy, contributing significantly to employment and industrial output. The government has prioritized financial inclusion for these enterprises, with schemes aimed at formalizing operations and easing access to credit....
Indian Agriculture Initiatives have taken a significant leap as Union Finance Minister Smt. Nirmala Sitharaman and Union Agriculture Minister Sh. Narendra Singh Tomar unveiled a series of transformative actions. These are aimed at revolutionizing agriculture, enhancing financial inclusion, optimizing...