- BUSINESS INSIDER INDIA
OPINION: Why NBFCs remain key to closing the MSME credit gap
It is widely acknowledged that the micro, small and medium enterprises (MSME) sector has become the central nerve of India’s economy in these past few decades. The glaring asymmetry between the MSMEs that require credit and those that receive it has also not gone unnoticed. NBFCs have become a pivotal part of the mechanism in closing this gap, by widening the reach of financial services thereby enhancing MSMEs’ resilience.