Financial ExpressMay 10, 2022Impact NBFCs lending to MSMEs, others facing credit crunch; need nearly Rs 3 lakh cr to sustain growCredit and Finance for MSMEs: Despite driving financial inclusion at the bottom of the pyramid (BOP) focusing on MSMEs loans, auto loans, and others, small and medium non-MFI NBFCs in the impact sector are facing credit and scalability challenges, according to a new study released on Monday. Based on an analysis of 100 impact NBFCs and a survey among 25 of them, the study State of Impact NBFCs 2021 said Rs 58,000 crores equity capital and Rs 2,32,000 crores in debt-capital in five years would be required to sustain NBFCs’ growth.Read more at Financial Express
Credit and Finance for MSMEs: Despite driving financial inclusion at the bottom of the pyramid (BOP) focusing on MSMEs loans, auto loans, and others, small and medium non-MFI NBFCs in the impact sector are facing credit and scalability challenges, according to a new study released on Monday. Based on an analysis of 100 impact NBFCs and a survey among 25 of them, the study State of Impact NBFCs 2021 said Rs 58,000 crores equity capital and Rs 2,32,000 crores in debt-capital in five years would be required to sustain NBFCs’ growth.Read more at Financial Express
