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SME CREDIT GAP
AU Small Finance Bank, ICICI Bank top picks as banking sector shows resilience: Siddhartha KhemkaIndia's banking sector concluded FY26 strongly, with credit growth hitting 16.1% and deposits surging 13.5%. Banks aggressively mobilized f...
Liquidity unlocked, access denied: With rating rules, how TReDS leaves most MSMEs behindDespite the government’s TReDS push, experts say the RBI’s move to ease onboarding lacks clarity as credit ratings continue to be a key bot...
India’s ‘thin-file’ SMEs need smarter risk models, not more paperwork: Rubix Data Sciences’ Mohan RamaswamyAlternative data and benchmarking are helping lenders assess companies with limited disclosures, says Mohan Ramaswamy, Founder and CEO, Rub...
ET SME Summit, Dehradun, showcases MSME resilience and growth outlookThe ET Make in India SME Regional Summit in Dehradun on March 20 saw strong industry participation, underscoring the resilience of the regi...
Mumbai-based Pulse secures £100 million in funding from Castlelake to expand SME lending in UKThe deal follows Pulse’s recent acquisition of Nucleus Commercial Finance, a UK-based SME (small and medium enterprise) loan originator.
Alternate financing to capitalize on the $500 billion SME credit opportunity in India, says new reportA report by GetVantage and Redseer Strategy Consultants highlights a potential credit deficit of $220 billion, hindering the growth of digi...
Lendingkart group appoints Kamna Baweja as Chief Business OfficerFinance provider, Lendingkart group has appointed Kamna Baweja as their Chief Business Officer for its SME cards. Prior to this, Baweja was...
IFC, PayU invest Rs 114 crore in Vayana Network to increase formal trade credit to MSMEsSCF in India is a $100 billion per month opportunity for financial institutions and 53% of organisations are underserved in terms of credit...
CLSA prefers ICICI over HDFC Bank"ICICI's market share in unsecured and corporate loans is half of HDFC Bank and share in SME (small and medium enterprises) loans is less t...
Enabling SME financing: The three pronged market-led solutions that can make a differenceAs per an IFC report, SMEs take up a miniscule 6-7% credit share and face a credit gap of close to $1.1 trillion.
Indifi raises Rs 145 crore in Series-C funding led by CDC GroupNearly 80% of India’s MSME enterprises still depend on informal sources to meet their funding requirements.
Why fintech needs to start counting for the unimaginable 2020For fintech, the potentials are just unfolding; 2020 is when the unimaginable will start taking shape. Start building for it now.
Ajay Desai appointed as the COO of RubiqueDesai was formerly with Yes Bank as a chief financial inclusion officer.
R Gandhi chides banks for not focusing enough to meet credit requirements of the SMEsThe deputy Governor also asked banks to take a long term view to shape their business strategies rather than planning a couple of months in...
Growth in SME sector ensures industrialisation in backward areas: Tarun Daga, CIIGrowth in the SME sector ensures industrialisation in backward areas and helps in more equitable growth, said Tarun Daga, chairman, CII
'The competition is not external but internal'Puneet Chaddha, head commercial banking - India, HSBC, gives ET a candid assessment of the challenges facing SMEs when it comes to internat...
- US banks turn greenbacks flow towards Indian SMEs
US banks have spotted a huge business opportunity in the small and medium enterprises (SME) here that contribute 9% of the country’s $1-tri...