The MSME sector has emerged as a highly dynamic and vibrant part of the Indian economy over the last five decades. MSMEs account for 30% of India’s GDP (6.11% from manufacturing while 24.63% from service activities). MSMEs are an important... View Article
Micro, Small, and Medium Enterprises (MSMEs) have been monumental in accelerating the growth of the Indian economy. They not only play a cataclysmal role in generating employment opportunities at relatively low capital costs but also support industrialization and formalization of... View Article
Synopsis: This article discusses how lending works, its role in an economy, and how it contributes to the overall growth and development of the economy. Lending, also known as financing, occurs when someone allows another person to borrow money, property,... View Article
The micro, small, and medium enterprises (MSME) sector is pivotal to fostering economic development, encouraging entrepreneurship, generating employment, and promoting financial inclusion in our resource-constrained economy. Unfortunately, the MSME sector continues to be saddled with financial bottlenecks, with a lack... View Article
Synopsis: In today’s blog, we will touch upon the importance of working capital as a critical resource for your business and how you can boost your working capital to secure better financial health for your business. Every business requires an... View Article
The challenging question facing every business owner looking for financing is who should they apply to for a business loan: a bank or an NBFC? While it might make sense to prefer banks for meeting your business loan requirements due... View Article