Fintechs specializing in micro-financing are gaining the trust of Indian SMEs and MSMEs. Small and medium businesses have thrived in India for decades, specifically empowering smaller towns and cities.
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Tag: SME Chamber of India
Rating agencies in a fix over SMEs
Volatility in the government’s budget subsidy to incentivise credit ratings for micro and small enterprises over the past few years is harming these companies as rating agencies are in a fix on whether to invest more for this sector’s ratings. The government gives up to a Rs 40,000 subsidy for MS…
Industry tie-up to facilitate listing of India’s SMEs and startups
The Metropolitan Stock Exchange of India (MSEI) and the SME Chamber of India have collaborated to provide a facility to help small and medium enterprises (SMEs) and startups access asset classes like currency derivatives, interest rate derivatives and listing. Under the initiative, SME Chamber wo…