This pilot project aims to validate cash-flow-based lending for MSMEs, with GeM acting as the loan service provider (LSP). It is built on the Open Credit Enablement Network (OCEN) and has since its launch in 2021 disbursed over Rs 23 crore in loans to more than 14,000 registered sellers. This is as of January 2024. Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.