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Just 14% of MSMEs get formal loans despite India's digital finance boom: Report
India's digital payments ecosystem may be among the world's most advanced, but millions of small businesses continue to struggle for access to formal finance, with only 14 per cent of micro, small and medium enterprises (MSMEs) able to secure institutional credit, according to Deloitte's latest State of Financial Services in India report.
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timesofindia.indiatimes.com
Just 14% of MSMEs get formal loans despite India's digital finance boom: Report
India's digital payments ecosystem may be among the world's most advanced, but millions of small businesses continue to struggle for access to formal finance, with only 14 per…
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thehindubusinessline.com
Only 14% of India's MSMEs have access to formal credit despite digital finance boom: Deloitte report
Deloitte report reveals only 14% of India's MSMEs access formal credit, highlighting urgent need for enhanced financial inclusion.