Workflow
MSME empowerment
icon
Search documents
BRI Books Rp41,2 Trilion Profit, Reinforces Its Strategic Role in Driving the People's Economy
The Manila Times· 2025-11-04 02:19
JAKARTA, Indonesia, Nov. 4, 2025 /PRNewswire/ -- PT Bank Rakyat Indonesia (Persero) Tbk (IDX: BBRI) reported a net profit of IDR 41.2 trillion in Q3 2025. President Director Hery Gunardi presented the results at the Q3 Financial Performance Press Conference in Jakarta (30/10). Hery noted that BRI's performance benefited from stable macroeconomic conditions. "BRI sees growth potential driven by lower funding costs, better liquidity, and rising loan demand," he said.BRI's total assets grew 8,2% YoY reached ID ...
JSW One Platforms raises ₹575 cr from SBI, JSW Steel, others
BusinessLine· 2025-10-06 09:14
Core Insights - JSW One Platforms has successfully raised ₹575 crore in funding, with participation from notable investors including the State Bank of India and JSW Steel [1] - The company aims to empower MSMEs by enhancing credit access and developing customized financial products [2] - The company reported a significant growth in FY'25, achieving a gross merchandise value (GMV) of ₹12,567 crore, with projections to exceed ₹8,000 crore in H1 FY'26 [4] Group 1 - The fresh capital will be utilized for investments in technology, operational expansion, and strengthening the NBFC arm [1] - The company is focused on improving underwriting capabilities and expanding its distribution and logistics network [2] - The Chairman emphasized the importance of the NBFC arm in addressing the working capital needs of MSMEs [3] Group 2 - The company has achieved a year-on-year growth rate of 2.4 times, indicating strong market performance [4] - The unified ecosystem being developed integrates supply, credit, and technology to streamline procurement for MSMEs [3] - The vision is to become India's most respected technology enterprise while continuing to expand its reach among MSMEs [4]