Mumbai: The India Today Group (ITG) has strengthened its leadership team for Business Today magazine as the Group mulls over expanding into business and economic news. The ITG on Monday announced the appointment of business growth specialist and a well-known business genre expert, Alok Nair as chief revenue officer (CRO). The Group has also roped in top financial journalist
Fintech solutions to small business credit woes
ET Spotlight
All the things I could do if I had a little money” goes a line from the song “Money, Money, Money” by the Swedish pop group ABBA in the 1970s, a humongous success in its time. It is a sentiment those running micro, small and medium enterprises (MSMEs) would heartily endorse. MSMEs are a vast and diverse category of nearly eight crore units contributing around 35 per cent of GDP, but almost all of them have one feature in common – they find it hard to raise finance. Unable to satisfy the rigorous lending criteria of banks and non banking finance companies (NBFCs), weighed down by buyers’ delay payments and suppliers clamouring for quick settlements, most find themselves struggling for working capital, and can hardly think of capacity expansion, even when their businesses are doing fairly well. The MSME credit gap has been estimated at Rs 16 lakh crore ($215 billion).
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The Fintech solution to small business credit woes
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The Economic Times Digital Payments Forum presented by Mastercard is conducting an exclusive session for senior managers and decision-makers from the Fintech, Finance, Consultancy, and Banking space.
ET Spotlight
While the benefits for tech-enabled businesses are obvious, small businesses don’t necessarily have the resources to make large investments in technology. In addition, they have been adversely affected by the pandemic and are struggling for survival.
fintech as the emerging solution in the new digital era, The Economic Times Digital Payments Forum presented by Mastercard is conducting an exclusive session for senior managers and decision-makers from the Fintech, Finance, Consultancy, and Banking space.
Cloud With A Secure Lining
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Last Updated: Mar 31, 2021, 06:30 PM IST
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Today, being on the cloud is inevitable. But cloud security remains a cause of concern for most organizations
As per latest reports, after Japan, India and APAC are most prone to any kind of cyber-attack. According to BCG, while banks and insurance face the brunt of it, even manufacturing entities – 40 per cent of them have been under attack which is largely driven by connectivity, convergence and integration. Businesses, thus, need to look at cyber and cloud security in a more holistic perspective rather than in silos because today’s attacks are not only happening internally but also from the outside.