Signing out of account, Standby...
MSMEs only received 17.4 per cent of the total credit by formal lending entities in India but all this is about to change
Technology Backed by Strong Regulation Can Help Digitalisation of Loans, Says Kotak Mahindra Bank's SME Head
There is a perception in the market that SMEs are equal to NPAs but the case is otherwise
Access to credit is one of the most painful points among the MSMEs in India. However, with alternate data, GST data stack and AI-driven algorithms, MSMEs are hoping for a change in the credit positions - P2P lenders have stepped up to take up the challenge.
As per ADB, there's a $1.5-trillion gap between demand and supply of trade finance
Businesses are beginning to understand how big data will shape the industry and lead its way to digitalisation
MSME credit gap in the country is estimated to be around USD 60b and banks cannot afford to ignore it
Digital retail lending will touch $1 trillion by 2024
LoanTap has a slight exposure to SME financing but their core focus is on salaried customers
Don't discount alternative funding sources and creative revenue streams. To get through the toughest times, companies must do whatever it takes.
eNACH was one of the newest payment services that automated high volume transactions for banks and NBFCs