SBI, India’s largest lender launched SBI e-Smart SME to offer easy working capital to online e-commerce players.
The bank has initially tied up with e-commerce major Snapdeal to offer instant loans to its sellers.
SBI chairman Arundhati Bhattacharya said "The e-commerce growth has created a new ecosystem enabling more than 5 lakh sellers to sell product on digital platform. It has also opened up opportunities for the banking industry.”
No comments:
Post a Comment