Micro, Small, and Medium-Sized Businesses (MSMEs) maintain the growth and development of the Indian economy. Their impact on manufacturing, exporting products, and job creation is significant. The Indian government has…
Entrepreneurs and small—to medium-sized businesses look forward to getting a loan to steer their businesses on the path of growth. According to CEIC data, India’s total Loans were reported at…
According to the TransUnion CIBIL study, the number of credit-served clients increased from 91 million in 2017 to 179 million in 2021, indicating a jump in credit availability from 12%…
Grameen Foundation for Social Impact has joined together with Open Network for Digital Commerce to help drive socioeconomic progress and make sure everyone can use digital tools. This partnership will…
Small and medium-sized enterprises (SMEs) run the Indian economy. Their impact on GDP is substantial, and employment creation is significant. However, obtaining financing might be difficult for these businesses as…
In today’s world of digitalization, everything is possible online, including secure and traceable financing transactions. In the year 2023 alone, the digital transactions volume in India was recorded at an…
A loan closure letter is a formal documentation sent to the loan borrower by the lender. It implies that the account is closed and the borrower owes no more debt. …
All financial institutions undergo a crucial process called underwriting before granting loans, mortgages, or funding. Underwriting entails determining a project’s or client’s loan eligibility and financial stability. This blog post…
It is possible to do a lot of business online through the ICEGATE. The Full form of ICEGATE is Indian Customs Electronic Gateway. It helps for clear communication between traders…
Budgeting is one of the most important aspects of running a successful business. By creating and tracking budgets, business owners get useful insight into expenses, profits, and losses. This allows…
