BoM, Vayana Network join hands to offer financing for MSMEs siasat.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from siasat.com Daily Mail and Mail on Sunday newspapers.
Synopsis
Vayana Network connects corporates and their trade ecosystems to provide digital, convenient and affordable access to credit for their payables and receivables.
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PUNE:
Bank of Maharashtra (BoM)has entered into a strategic partnership with Vayana Network to offer financial support to the MSME sector. Through this association, BoM will provide short term credit to meet funding requirements of dealers of corporates via “Mahabank Channel Financing Scheme” launched by the bank, through Vayana Network’s expertise in this segment.
Under the partnership, Vayana Network will provide its Supply Chain Financing solutions (SCF) to the bank supported by Vayana’s technology and service expertise. The SCF solutions will include vendor and dealer financing programs across bank’s network of 1,870 branches across the country. Vayana Network’s proprietary tech platform will help to digitize the transactions of Supply Chain Financing, while the market service
Bank of Maharashtra (BoM) has entered into a strategic partnership with Vayana Network, India s largest supply chain financing (SCF) platform to offer financial support to the MSME sector.Through this association, the Bank of Maharashtra will .
(MENAFN - KNN India)
Bank of Maharashtra partners with Vayana Network to offer channel financing service to MSMEs Pune, Feb 18 (KNN) Bank of Maharashtra (BoM) has entered into a strategic partnership with Vayana Network, India s largest Supply Chain Financing (SCF) platform to offer financial support to the MSME sector.
Through this association, Bank of Maharashtra will provide short term credit to meet funding requirements of dealers/ vendors of reputed corporates through Mahabank Channel Financing Scheme launched by the bank, through Vayana Network s expertise in this segment.
Under the partnership, Vayana Network will provide its unique SCF solutions to Bank of Maharashtra supported by Vayana s technology and service expertise. The SCF solutions will include vendor and dealer financing programs across the bank s network of 1,870+ branches across the country. Vayana Network s proprietary tech platform will help to digitize the transactions of Supply Chain Financing, while
Bank of Maharashtra partners with Vayana Network to offer Channel Financing service for MSMEs indiatvnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatvnews.com Daily Mail and Mail on Sunday newspapers.