Here’s how digital and traditional lenders are trying to address credit woes of MSMEs

Alok Mittal Micro, small, and medium enterprises (MSMEs) form the backbone of the Indian economy, playing a significant role in its equitable growth. Around 55-60 million MSMEs are operating in the country at present, comprising 24.63% of the GDP from service activities and contributing 33.4% to the total manufacturing output. However, despite being the growth engine of … Read more

Business Transformation Part 1: The Journey From Traditional Business To Digital Business

Never in the history of mankind has the velocity of business been increasing at such a rapid pace. This is largely driven by the rise of digital business models enabled by an exponential growth in technology. There is a plethora of information describing that we are in the Fourth Industrial Revolution — and soon to be entering the fifth. … Read more

Modi Offers Prayers at Kerala’s Guruvayur Temple in Traditional Attire, Makes Rs 39,000 Digital Donation

New Delhi: In an attempt to blend tradition and technology, Prime Minister Narendra Modi used the digital payments method to donate Rs 39,421 at the famed Lord Krishna temple in Guruvayur area of Thrissur He also performed the thulabharam ritual for which the temple authorities had reportedly arranged over 100 kg of lotus flowers. The ritual is an … Read more

Finding The Sweet Spot With Traditional And Digital Marketing

Grab the nearest electronic device and all the information you’ll ever need about nearly any product or service can be at your fingertips within seconds. According to one survey, today, about half of e-commerce traffic comes from mobile users, and 56% of online shoppers will pull up consumer reviews before they buy. What that tells us is … Read more

Santander latest traditional player to open digital bank

2018 UK IT Priorities survey results IT organisations in the UK and across Europe are starting to accelerate the move to the cloud. Read more about the key areas in which senior IT managers are planning to invest in over the next 12 months. The business banking service will be a standalone business that will … Read more