What is digital lending and how has it transformed the financial sector? Key risks and challenges explained | Mint

What is digital lending and how has it transformed the financial sector? Key risks and challenges explained | Mint

Source: Live Mint The financial sector underwent substantial transformation because of digital lending technologies bringing new ways for consumers to obtain loans. The need to deal with extensive paperwork alongside enormous lines and multiple bank visits for loans exists only in the past. People can now fully complete loan applications online as digital lending provides…

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Fisheries Loan: Pradhan Mantri Matsya Sampada Yojana—Eligibility and benefits explained | Mint

Fisheries Loan: Pradhan Mantri Matsya Sampada Yojana—Eligibility and benefits explained | Mint

Source: Live Mint The Pradhan Mantri Matsya Sampada Yojana (PMMSY) is an initiative of the Department of Fisheries for ensuring sustainable and inclusive growth of the fisheries sector in India. It seeks to increase fish production, modernise infrastructure, adopt technology, support the value chain and improve traceability with an investment of ₹20,050 crore. The scheme…

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SME Credit Cards: A game-changer for small businesses in 2025—Here’s how | Mint

SME Credit Cards: A game-changer for small businesses in 2025—Here’s how | Mint

Source: Live Mint Finance Minister Nirmala Sitharaman introduced customized credit cards for micro enterprises registered on the Udyam portal in her recent budget speech. This step was taken with the objective of strengthening India’s Micro, Small and Medium Enterprises (MSME) sector. These cards will come with a credit limit of ₹5 lakh each. These cards…

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