The Ministry of Micro, Small and Medium Enterprises has decided to include Retail and Wholesale trade as MSMEs but only for the limited purpose of Priority Sector Lending.
Financial services and digital payments platform Paytm has launched a new product called Postpaid Mini that will enable users to get small loans ranging from Rs. 250 to Rs. 1,000.
Payments solution provider Razorpay has partnered with Mastercard to launch 'MandateHQ' - a payment interface that will help card-issuing banks to enable recurring payments for its customers.
EXAMIANS