Tag: small- and medium-sized enterprises (SMEs)

External and internal R&D would benefit Pakistan and Indian SMEs

Small and Medium-sized Enterprises (SMEs) play a vital role in the economic growth of a country. Specifically, in developing countries where poverty, unemployment, low income per capita, low literacy rate, and high inflation and interest rates can hinder economic growth, SMEs contribute significa…

Competition among banks will cut SME borrowing cost: IMC President

The cost of funding for Micro, Small and Medium Enterprises (MSMEs) can be bought down substantially by unleashing competition among banks. Removing restrictions on foreign banks opening more branches will do the trick, said Deepak Premnarayen, President-elect, Indian Merchant Chamber, said . Dis…