GOVT OF INDIA LAUNCHES PM SVANidhi MOBILE APP TO PROVIDE MICRO LOANS TO STREET VENDORS

Highlights

• PM SVANidhi web portal was launched by the Ministry of Housing and Urban Affairs on June 29, 2020

• According to the reports, since July 02, 2020 more than 154,000 street vendors have applied for working capital loan across states/UTs, of which more than...

Small finance could help the nation

The finance sector and the banking sector has been failing miserably in the recent times and we think that the nation of India is in desperate need of reforms to change the failing situation of the finances and the major hit has been taken by the small finance firms and we think that these small ...

IBC coverage changing

The finance sector of the nation has been changing rapidly, and the primary factor that has been driving the change in these sectors has been the one that has caused many banks to go bankrupt and face insolvency issues. There has been a significant shutdown in the banking and finance sector of th...