CHENNAI/MUMBAI: The GST rate cut is driving MSMEs to seek additional funding from banks for expansion. After the GST rejig, banks have seen a spike in enquiries for advances from the MSMEs. It comes ...
The MSME segment contributes over 30% of India's GDP and is the country's second-largest source of employment after agriculture Non-bank lenders have begun tightening their credit stance toward small ...
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