Asian Development Bank and HSBC India have signed an agreement to establish a USD 100 million partial guarantee programme to support more than 4,00,000 micro-borrowers and mostly women-run micro-enterprises across India.
Ministry of Finance oversees the 'Stand Up India Scheme', which aims to promote entrepreneurship among women, Scheduled Castes (SC) & Scheduled Tribes (ST) categories, to help them in starting a Greenfield enterprise.
PhonePe, a digital payments platform, has joined hands with an internet exchange point, Extreme IX to enable a faster digital payments experience for 370 million PhonePe users.
EXAMIANS