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MSMEs: Banks, NBFCs and fintechs have specific roles in addressing the credit gap for small businesses


Synopsis
Compared to international markets, MSMEs in India, due to the lack of access, have relied more on informal sources of credit.
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MSMEs need the perfect convergence of accessibility, affordability and availability for a credit uptick.
The World Bank estimates the current credit gap for MSMEs in India to be at a whopping $380 billion. The gap, a result of challenges both on the demand and supply side, has created opportunities for different models of fintechs and NBFCs to come into the market and address this gap.
To know more on how banks and
fintech can address this gap, ....

Anoop Kumar Aggarwal , Alok Mittal , Akash Gehani , Vivek Aggarwal , India Inc Boardroom , International Finance Corporation , World Bank , Indifi Technologies , Anoop Kumar Aggarwal South , Asia Equity Lead , Inc Boardroom , அலோக் மிட்டல் , இந்தியா இன்க் போர்டுரூம் , சர்வதேச நிதி நிறுவனம் , உலகம் வங்கி , ஆசியா பங்கு வழி நடத்து , இன்க் போர்டுரூம் ,