SBI is creating e-commerce portal for MSMEs

New Delhi: State Bank of India (SBI) is working on setting up an e-commerce portal for marketing of products manufactured by micro, small and medium enterprises (MSMEs) in the country. SBI Chairman Rajneesh Kumar gave this information on Saturday.

A portal called Bharat Craft will be run jointly by the bank and the government. Kumar said in a webinar organized by industry body CII, “Work on this is in progress. We have discussed how it should be done and the development of this platform is going to start soon.”

He said, “This is one of the things that was mentioned by MSME Minister Nitin Gadkari once. He said while referring to Bharat Craft that SBI will develop this platform. We are paying much attention to this subject. Are. It requires a lot of stuff to be put together. It’s definitely on our radar and we’re going to do it. ” However, he did not elaborate about this and the timeframe for the portal to start.

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