State Bank of India (SBI) Chairman Rajnish Kumar Wednesday said the Yono app has equipped it with significant data that would help run the business-to-business (B2B) portal Bharat Craft. The app now has 27 million registered users, he added.
“We are now preparing a B2B platform called Bharat Craft and the work has started. The vision is that we will bring together all MSMEs and businesses on this platform with an on-the-spot facility to finance the receivables,” he said, at an event organised by ET BFSI. —FE