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    Karbon Card, a B2B payment solution provider, has launched the country’s first mobile-based expense management card.

    Karbon Card, a B2B payment solution provider, has launched the country’s first mobile-based expense management card.

    Manappuram Finance launches digital money lending app

    Manappuram Finance launches digital money lending app

    India records over 23 billion digital payments worth Rs 38.3 lakh crore in Q3

    UPI to account for 90% of retail digital payments by 2026-27: PwC India report

    Credit card numbers continue to slip after RBI’s deactivation order

    Google Pay launches RuPay credit cards support on UPI in India

    Paytm launches UPI SDK to enable customers pay directly within the merchant app

    Paytm launches UPI SDK to enable customers pay directly within the merchant app

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    RBI Governor Shaktikant Das to meet bankers, review credit growth sustainability

    Cooperative banks will soon be able to do compromise settlements, write-offs on NPAs: Shaktikanta Das

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    NCUI signs MoU with HCL Foundation for branding support to co-ops

    RBI’s gold reserve up over 40% in five years

    RBI’s gold reserve up over 40% in five years

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    Edtech company LawSikho’s revenue doubles in Fy23, adds new vertical

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    Indian Institute of Management Sirmaur (IIMS) collaborates with top French universities to launch two Executive MBA programs for professionals

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    Gold loan NBFCs seek ‘priority’ sector status

    Gold loan NBFC Indel Money looks to strengthen presence in western, central India

    RBI response sought on PIL seeking uniform banking code for forex transactions

    Priority Sector Lending target deadline for Urban Cooperative Banks extended

    RBI Governor Shaktikant Das to meet bankers, review credit growth sustainability

    Cooperative banks will soon be able to do compromise settlements, write-offs on NPAs: Shaktikanta Das

    RBI’s gold reserve up over 40% in five years

    RBI’s gold reserve up over 40% in five years

    Leading NBFCs offer up to 8.84% to attract retail savings

    Rural India throws NBFCs a lifeline in season of lost momentum

    Yes Bank advertising spend to be 30 pc higher in FY24: Official

    Yes Bank aims to expand margins by 100 bps in next 3 years – MD

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    Edtech company LawSikho’s revenue doubles in Fy23, adds new vertical

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    India’s e-rupee unpopular as central banks push digital currency

    MeitY may soon integrate ChatGPT with WhatsApp for key government schemes

    Snapchat to gain a ChatGPT-powered AI chatbot soon

    Elon Musk recruits team to develop OpenAI’s ChatGPT rival

    Elon Musk recruits team to develop OpenAI’s ChatGPT rival

    MeitY may soon integrate ChatGPT with WhatsApp for key government schemes

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Fasal ties up with SBI to help farmers get easy access to loans

Prashant Dwivedi by Prashant Dwivedi
April 14, 2023
in BFSI, Enterprise
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Agri-tech company Fasal on Thursday announced its partnership with State Bank of India (SBI), aimed to provide farmers with easy access to capital. The partnership will help solve cash-flow constraints during key cycles in farming by providing quick, easy, and collateral-free loans at very competitive rates. This ties into Fasal’s larger objective of solving the many challenges across the entire horticulture value chain, thereby paving the way for India’s horticultural transformation.

Fasal has partnered with the State Bank of India (SBI) to provide farmers with easy access to capital in the form of quick, easy, and collateral-free loans at competitive rates. The loans will be deployed under the Kisan Credit Card scheme and be initially offered in four Indian states, expanding to more regions in the future. The move coincides with the Indian government’s increased agriculture credit target of Rs 20 lakh crore ($267bn) for FY24.

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Source: Economic Times
Tags: banksbfsiFasalLoansrbiSBI
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Gold loan NBFCs seek ‘priority’ sector status

Gold loan NBFC Indel Money looks to strengthen presence in western, central India

June 9, 2023
RBI response sought on PIL seeking uniform banking code for forex transactions

Priority Sector Lending target deadline for Urban Cooperative Banks extended

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Cooperative banks will soon be able to do compromise settlements, write-offs on NPAs: Shaktikanta Das

June 9, 2023
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NCUI signs MoU with HCL Foundation for branding support to co-ops

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