YES BANK and WTC Mumbai Host Export Conclave 2025 to Empower MSMEs and Women Entrepreneurs
| Category | Details |
|---|---|
| Why in News? | YES BANK, in collaboration with World Trade Center (WTC) Mumbai, hosted the Export Conclave 2025 at YES BANK House. |
| Objective | To empower MSMEs, discuss emerging trade trends, and strengthen India's export ecosystem. |
| Key Event | Signing of a Memorandum of Understanding (MoU) between YES BANK and WTC Mumbai. |
| Purpose of MoU | - Enhance MSMEs' access to credit.- Provide trade facilitation services.- Offer global market insights. |
| New Initiatives Launched | YES Exports (for MSMEs) and YES PowherUp (for women entrepreneurs). |
| YES Exports - Key Features | - Export finance up to ₹10 crore with minimal collateral.- Based on financial performance.- Expert trade advisory.- Digital SME service desk.- Competitive forex rates for seamless transactions. |
| YES PowherUp - Benefits | - Customized business loans for women-led enterprises.- Financial planning and advisory.- Preferential forex exchange rates.- Networking opportunities. |
| Impact of the Conclave | - Accelerated MSME growth through better credit access.- Stronger public-private partnerships for export support.- Market intelligence for exporters on global trade trends. |