- Financial Express
‘MSME lending not about credit assessment only, but also merchant’s intent, credit risk, loan recove
Credit and finance for MSMEs: MSMEs are the backbone of any economy, accounting for a large portion of employment, production and exports in most countries. In fact, 33 per cent of India’s GDP comes from the MSME industry — this sector is also responsible for the generation of over 120 million jobs across various industries, all of which contribute to wealth creation.