Approximately 60% of MSMEs aim to digitize their business processes, with 43% planning to increase their digitalization budgets by 20251. With this digital transformation, small businesses could also get exposed to data breaches and cyberattacks, which are becoming increasingly common.... View Article
As MSMEs deal with rising costs and shrinking margins in an inflationary economy, actionable strategies and financial tools can ensure their resilience and sustained growth. The Reserve Bank of India (RBI) revised its inflation forecast in December 2024, projecting it... View Article
Growth for an MSME goes beyond sales—it also involves improved efficiency, meeting industry standards, upgrading or maintaining product quality, and optimizing production to stay competitive and scale. The right way to achieve this is by procuring the right machinery or... View Article
By reworking strategies, embracing technology, and focusing on adaptability; small businesses can survive and thrive, even as the RBI revises its CPI outlook from 4.5% to 4.8% As 2024 comes to a close, the Reserve Bank of India (RBI) has... View Article
Declining credit growth is preventing small businesses from leveraging the opportunity, but a fresh line of credit can enable them to repurpose stock, meet demand, and maximize profits during the high-demand season. The festive season in India brings high sales... View Article
From Equality to Economic Growth: The Constitution’s Enduring Support for Small Businesses 26 November marks India’s Constitution Day or Samvidhan Diwas, as the nation adopted the Indian Constitution in 1949 that came into effect on January 26, 1950. Drafted over... View Article
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