- Express Computer
Building The Right Tech Engine for High-Performance MSME Digital Lending
India’s growth story depends heavily on her small businesses and as you read this, there are over 63 million micro, small, and medium size enterprises (MSMEs) serving billions of people globally, while boosting our nation’s GDP and employment in the process.
However, owing to the lack of incentives and ‘safety nets’, both the government and the RBI have failed to push our banking system to create easy credit lines for MSME players. Naturally then, this has led to a bunch of nervous bankers on one end and cash strapped micro and small businesses on the other, raising serious concerns about the future of our economy.