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