Business StandardDec 7, 2021Create digital platform for MSME credit: IT Minister Ashwini VaishnawVaishnaw was speaking at 'Digital payment Utsav'IT Minister Ashwini Vaishnaw on Sunday urged the banking industry to create an innovative digital platform — as powerful, seamless and robust as UPI — for providing quick and easy credit to MSME, small businessmen, and those at the bottom of pyramid.The building blocks required to create such a platform are already available, given the strong ecosystem of Aadhaar, mobile phones, UPI (Unified Payments Interface) platform and digilocker, he said asking the banking industry to come up with innovative idea and solutions in three months.Read more at Business Standard
Vaishnaw was speaking at 'Digital payment Utsav'IT Minister Ashwini Vaishnaw on Sunday urged the banking industry to create an innovative digital platform — as powerful, seamless and robust as UPI — for providing quick and easy credit to MSME, small businessmen, and those at the bottom of pyramid.The building blocks required to create such a platform are already available, given the strong ecosystem of Aadhaar, mobile phones, UPI (Unified Payments Interface) platform and digilocker, he said asking the banking industry to come up with innovative idea and solutions in three months.Read more at Business Standard
