lenders

Greater collaboration possible between traditional and new-age lenders

by

The rising fintech industry and tech-enabled lending solutions in India has led to a disruption in the lending space, with more and more startups in the sector sprouting and booming. With their rapid penetration, the collaboration of fintechs and traditional sources of finance has been most sought-after and recommended. Last year, Karnataka bank tied up with fintech … Read more

Here’s how digital and traditional lenders are trying to address credit woes of MSMEs

by

Alok Mittal Micro, small, and medium enterprises (MSMEs) form the backbone of the Indian economy, playing a significant role in its equitable growth. Around 55-60 million MSMEs are operating in the country at present, comprising 24.63% of the GDP from service activities and contributing 33.4% to the total manufacturing output. However, despite being the growth engine of … Read more