Nabard tries out fintech alliance to support SHGs
While Nabard has been in the forefront of SHG movement, ARTH provides credit, payments and insurance solutions to micro-MSME enterprises. The fintech firm plans to provide financial and technical support in partnerships with specialized entities across occupations to 500 enterprises across Uttar Pradesh impacting 2500 households.
COVID third wave to impact securitisation, FY22 volumes will fall below earlier estimates: IcraThe overall volumes of securitisation - where a non-bank lender passes on future receivables against loans or a bunch of loans to another entity for upfront cash - will come at Rs 1-1.1 lakh crore in FY22 as against the Rs 1.2 lakh estimated earlier, Icra said in a report.
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