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FinMin Partners with e-Commerce Firms to Offer Loans Under PMMY
May 28, 2018
More than 2 dozen e-commerce platforms including top players like Flipkart, Amazon, Uber, etc. have been roped in by the finance ministry to help offer small business loans to the budding entrepreneurs under the Pradhan Mantri Mudra Yojana (PMMY).
Financial services secretary Rajiv Kumar said that companies like Amazon, Ola, Zomato, etc. have many small entrepreneurs working with them who need loans. With the partnership, they can easily get loans under the PMMY scheme.
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