Gaurav Hinduja spoke to Entrepreneur India on the hottest topic that has created great interest in a cash-crunched economy in India β lending to SMEs and ways to strengthen them.
Indian MSME sector faces a major hurdle in availing credit and received only 17.4% of the total credit outstanding, the new-age credit analysis procedures are helping change the status quo
As bad loans continue to plague the country's economy, it is now critical for lending institutions, to be careful about allotting loans and stringent about having a robust collection mechanism.
Fintechs have disrupted all segments of the financial sector β be it giving loans or taking deposits, or dealing in capital markets, asset and wealth management, insurance, investments, money transfer or payments