This long-tenor co-financing arrangement is one of its kind in the Indian microfinance industry, representing a significant step in strengthening CA Grameen's funding profile to further its mission of providing affordable financial services to women entrepreneurs across India.

By this intervention, the average income of women is expected to rise by at least 30 percent.

The bKash feature will open up new avenues for people who are lagging behind in terms of financial inclusion and expedite digital transformation.

Digital payments saw a revival in May, after the government granted some relaxation during the third and fourth phases of the lockdown.

As first order impact, collection cycle may be hit, while lack of moratorium-relief from banks may squeeze out liquidity

As the Reserve Bank of India announced relief measures for the common man to deal with coronavirus, several banks have come out with their explanations on what will the impact on the EMIs for the customers if they opt for deferring the EMIs by three months. Here is an FAQ by HDFC Bank, explaining how the stipulation by RBI will impact its customers.