PayU invests in BRISKPE to simplify global payments for Indian MSMEs

New Delhi: Digital financial services provider PayU, on Monday, announced an investment of $5 million in a seed round in cross-border payments platform BRISKPE to simplify global payments for Indian MSME merchants. The investment underscores PayU India’s commitment to seamless international payments and complements its existing export and import offerings, the company said. “With BRISKPE’s … Read more

Banks must provide simple KFS to borrowers on terms of loans: RBI

Reserve Bank of India Mumbai: The RBI on Monday directed all banks and housing finance companies to provide ‘key fact statements’ (KFS) in simple terms to the prospective borrowers on the loans and interest that they are expected to pay to ensure transparency and help them make informed decisions. All regulated entities, such as banks … Read more

Planning To Register Your Business With MSME? Know Process, Benefits And More

Registering under MSME can provide companies with loan benefits. The Ministry of Micro, Small, and Medium Enterprises (MSME) has been created by the government of India. India is a developing country. Many new businesses start their operations every day. Not all businesses run at a macro level, many of them are small businesses. In order … Read more