Udyam registration see an uptick in March
MSME portal saw Udyam registrations cross 25-lakh mark
in the month of March 2021. Udyam portal now provides a single-page registration, consumes less time and simplifies the process of registering.
UPI transactions hitting new highs
UPI registered 2.73 billion transactions
worth over ₹ 5 trillion in March 2021. Compared to same time March last year there is an increase in both volume and Rupee value. Off the UPI apps, PhonePe leads the pack with 42.5% market share in UPI followed by Google Pay’s 36.11% and PayTM distant 3rd with 14% market share.
SBI wants your business
Well they want to give you a business loan is what we mean 😉
SBI is doing a rejig of their MSME loan machinery so that they can provide loans to businesses more efficiently
. With a lot of private and public players wanting to provide loans to well run small businesses, it is a lenders market out there.