In wake of the government’s move to demonetise Rs 500 and Rs 1,000 currency notes, small and medium enterprises (SMEs) are facing temporary difficulties for making payments but are coping with the fall out of demonetisation. The SMEs and micro and small enterprises which by their very natur…
Tag: Sankar Chakraborti
Cost of Microcredit will decline soon | PSN Murthy, AGM, MUDRA
Mumbai, May 9: “The Past models of microfinance companies were all brick and mortar based on branches and self-help groups. The future could be disruptive with past success being no guarantee of future survival. Interest rate (for microcredit) is expected to fall to 15% in the next five years fro…