Financial ExpressApr 25, 2022SMEs facing elevated working capital pressures largely due to rising receivables: India RatingsCredit and Finance for MSMEs: Small and micro enterprises (SMEs) in the country are going through elevated working capital pressures largely due to rising receivables with their buyers and lack of a similar increase in creditors, said ratings and research firm India Ratings & Research (Ind-Ra) on Thursday. According to the data of the top 1,500 non-financial large corporates analysed by Ind-Ra, the payables by top 10 large corporates to SMEs, as a share of their total payables, had jumped to 1.24 per cent in FY21 from 0.35 per cent in FY18, and 0.1 per cent in FY12.Read more at Financial Express
Credit and Finance for MSMEs: Small and micro enterprises (SMEs) in the country are going through elevated working capital pressures largely due to rising receivables with their buyers and lack of a similar increase in creditors, said ratings and research firm India Ratings & Research (Ind-Ra) on Thursday. According to the data of the top 1,500 non-financial large corporates analysed by Ind-Ra, the payables by top 10 large corporates to SMEs, as a share of their total payables, had jumped to 1.24 per cent in FY21 from 0.35 per cent in FY18, and 0.1 per cent in FY12.Read more at Financial Express
