Credit

Until lending models evolve to meet the real-world needs of these businesses, especially those outside metro hubs, India's small business engine will continue to run below capacity

Formal lending is growing, but not fast enough to meet the surging credit appetite of India's MSMEs, and the cost of this gap is more than just lost opportunity.

While 80 per cent of MSMEs report having access to finance, the adequacy of this credit remains a sticking point. Approximately 40 per cent in both manufacturing and services say available funding falls short of their needs

While India's broader economic trajectory remains stable with GDP growth averaging over 7 per cent annually (excluding the pandemic period) and projected to hit 6.6 per cent in FY26, the MSME sector's path is more nuanced.

In this article, we'll guide you through the steps of applying for a personal loan online, discuss its benefits, and share useful tips to ensure a smooth application process.

The transaction was funded through a combination of the proceeds from the recent sale of TVS Holdings' real estate assets and borrowings from capital markets.

While the loan coverage is capped at INR 100 crore, the total project cost can exceed this amount, provided at least 75 per cent is allocated for equipment and machinery.

Technology is offering solutions that make lending faster, more efficient, and more accurate. New tools are helping financial institutions streamline processes, reduce risks, and provide better experiences for borrowers.

Certificates of deposit, which reached a decadal peak of INR 4.9 trillion as of November, 2024, reflect this dynamic. While this figure surpasses the previous high of INR 4.5 trillion recorded in April 2011, the share of total deposits remains modest at around 2.5 per cent

Year-over-year (YoY), credit grew by 13.4 per cent, a significant reduction from the 19.8 per cent growth recorded in the same period last year.

Although only 12 per cent of India's 64 million MSMEs are digitally mature, the shift to a cashless and paperless ecosystem brings transparency and ease to credit availability.

By democratizing credit, axio caters a large volume of the customer segment that does not have a personal credit product at their disposal

As per reports, this is the second time the government has liberalized the scheme for aviation industry

The fund raised will be used to embark on an organic growth trajectory by making key investments in current business offerings, expanding its geographical footprint to tier II and III cities and strengthening its lending portfolio

The fund raised will be used to build and strengthen the platform's functional teams and scale up partnerships

The fund raised will be allocated for technology development and the growth of the loan book

The company plans to utilize the fund to augment technology and deliver a superior customer experience at the point-of-sale

The fund raised will be used to expand the product suite, enhance the customer journey, accelerate the phenomenal growth of existing products, strengthen talent and boost data science and engineering capabilities

The fundraise will help the company to invest in new technologies and come up with new offerings

The fund raised will be utilized for completing the company's platform as a service transformation, strengthening sales and marketing, and building a delivery excellence framework

The fund raised will be used for growing loan book, building out tech platform and to hire teams in technology, product, finance and operations