(State bank of India is ready to invest Rs750-1000 crores) and leverage its YONO platform (to set up business to business e commerce market place for micro, medium and small enterprises (MSMEs).)
The country’s largest lender hopes this will also help it (better manage financing of small businesses.) The plan which has been cleared by the bank’s executive committee, entails getting MSMEs on to the platform and providing funds based on the transactions that take place
SBI MD Challa Sreenivasulu Setty said that they are (engaging with the MSME ministry to create a marketplace for SBI customers) to sell their products, called Bharat craft, which is going to be (an e commerce and technology driven platform) and it is in the initial stage of taking shape.
(YONO is currently used by the bank to hawk its products and as an e commerce platform)
Among other banks, (HDFC already has an e-commerce platform Smartbuy.)
HyBiz Tv is India’s most watched Digital Business Channel with over One Million regular viewers. In the 10 years of its existence, HyBiz Tv has provided a platform for business houses to promote, project and propagate their products and services. Corporate videos, promotional videos, interviews, ad- films, events coverage, current relevant news, meaningful discussions on contemporary subjects have given the audience relevant content which has helped in the rapid growth of the viewership. Clients from both the Telugu states and across the country have reaped rich dividends by engaging HyBiz Tv and now this has spread all over the country..
► Watch More Business Videos at India’s Leading online business channel http://www.hybiz.tv
► like us on Facebook: http://www.facebook.com/hybiz
► Watch More Videos on http://www.youtube.com/hybiztv
► Subscribe to HYBIZTV Channel: goo.gl/EEXqfu
►Follow us on Twitter https://twitter.com/hybiztv