MSMEs in India face multiple challenges in accessing formal finance The New Delhi Leaders’ Declaration, recently adopted at the G20 Summit, recognizes startups and Micro, Small, and Medium Enterprises (MSMEs) as the natural drivers of economic growth. It also acknowledges …
Driving economic growth through MSME financing: The crucial role of NBFCs Read More »
It is exciting times ahead for banks/fintechs that undertake digital ‘beyond-banking’ MSME platform initiatives Micro, Small and Medium Enterprises (MSMEs) are widely, and aptly, referred to as engines of economic growth, globally. In India, they account for more than 30% …
Small business growth, with ‘beyond-banking’ digital platforms Read More »
Digital payments are ushering in a transformative era for MSMEs, offering them a range of pivotal advantages Famously referred to as the “engines of growth,” Micro, Small, and Medium Enterprises (MSMEs) have long been the backbone of economies around the …
Providing greater access to credit, fostering innovation, and driving economic development are the keys for the MSME sector to witness a new dawn The MSMEs sector plays a pivotal role in driving economic growth, employment generation and enabling innovation in …
MSMEs are the lifeblood of India’s economy, providing livelihood for millions India’s Micro, Small, and Medium Enterprises (MSMEs) have played a critical role in the country’s growth story. These businesses, providing employment to over 110 million people, represent the backbone …
Funding the Future: Government’s role in shaping the digital destiny of SMEs Read More »
The micro, small, and medium enterprises (MSME) sector have a crucial role in India’s economic growth, contributing significantly to various key indicators. However, MSMEs face challenges such as limited access to finance, lack of digitalization, and difficulties in competing online. …
Empowering India’s MSME sector through data-driven banking Read More »
The Micro, Small, and Medium Enterprises (MSMEs) form the backbone of India’s economy, contributing 30% to its GDP, employing over 110 million people Omnipresence of digitisation has transformed the way we interact, learn, work, and even live. From the moment …
Digitisation: The essential guide to serving the Indian MSME Read More »
In the dynamic realm of India’s entrepreneurial landscape, a staggering 6 crore MSMEs flourish in diverse forms, each painting a distinctive canvas of ingenuity and innovation. From humble street vendors to powerful manufacturing entities with turnovers of up to INR …
Fintech NBFCs have the potential to transform the credit landscape for MSMEs through supply chain financing. Micro, Small, and Medium Enterprises (MSMEs) are the backbone of India’s economy, contributing approximately 30% to the country’s GDP. However, these vital businesses face …
Fintech NBFCs: Fixing the credit gap in MSMEs via new-age supply chain financing Read More »
MSMEs are considered the backbone of many economies worldwide and play a crucial role in driving economic growth, innovation, job creation, and overall socio-economic development. However, financial challenges for Micro, Small and Medium-sized Enterprises can hinder their growth and development. …
Unlocking growth potential: Addressing key issues in MSME financing Read More »
