Rising bad loans ignites the importance of modernising debt collection practices for MSMEs that can provide financial stability and growth to India's small businesses.
According to the rating agency ICRA, the growth outlook for FY2024 has been revised to 18-20 per cent, up from the previous estimate of 12-14 per cent
On the occasion of World MSME Day, ETBFSI brings you the thoughts of multiple players/lenders in the MSME industry sharing how has the sector flared in the recent times:
The Emergency Credit Line Guarantee Scheme (ECLGS) will come to an end on the 31st of March. The government might extend the scheme for a third time. Here’s what the experts have to say about that.
Credit and finance for MSMEs: With the union budget 2023-24 around the corner, experts from India’s MSME ecosystem have called for a slew of measures to ease financial complexities surrounding small businesses ranging....
Credit and finance for MSMEs: With the union budget 2023-24 around the corner, experts from India’s MSME ecosystem have called for a slew of measures to ease financial complexities surrounding small businesses ranging...
The slew of positive announcements for the MSME sector in the Budget are expected to boost credit growth for rural and MSME-focused lenders such as PSU banks, mid-sized private banks, and NBFCs.
FM Nirmala Sitharaman, on Wednesday...
The finance minister has focused on growth and digitalization, which is the need of the hour. Capital Investment outlay has been increased by 33% to Rs 10 lakh crore, which would have a multiplier effect on the economy. The government has continued its support to MSMEs by announcing 9000 crores...
It’s no secret that COVID-19 has upended supply chain management systems around the world. Changing consumer preferences, labour disruptions due to mass migrations from cities, and impeded supply chains have added to...
Our co-founder Shantanu Bairagi was quoted on online news portal The Ken : ``Many of them do not have functionally robust invoicing platforms, Shantanu Bairagi, co-founder of ArtFine, a supply chain financing firm, told The Ken. He added that expanding digitisation is a big part of being able to smoothly onboard small entities, many of whom may not have the necessary documents to complete a digital KYC process at this stage. ``
Our co-founder Arvind TCA's article in finance newsletter published by IIM Calcutta ``Artha``