As bank credit to micro, small and medium enterprises shrink, the government has decided to get innovative by getting Non-Bank Finance Companies (NBFCs) and the burgeoning fintech industry to play a larger role in financing. However, NPAs in the MSME sector would also now undergo greater scrutiny. Read more here: Jaitley extends avenue for SME financing, bad loans in the sector now on radar
Read More Here: Jaitley extends avenue for SME financing, bad loans in the sector now on radar
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