#DoYouKnow
MSME loans help entrepreneurs start or grow their businesses by funding various expenses, such as machinery, raw materials, working capital etc.
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#DoYouKnow
Entrepreneurs often start businesses in finance, insurance and real estate. These industries have many customers and chances for success,
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The big impact of MSMEs on the Indian economy! đź’Ş
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All about MSME and its benefits you must need to know!
Read our facts:- msmestory.com/all-about-msme…
#msmestory #msme #sme #startup #msmefacts msmestory.com/all-about-msme…
#MSMEs are also in the big league when it comes to their sheer contribution in the country’s #exports business. Let’s recognise their importance in #trade & affairs, achieving sustainable development goals, promoting innovation & creativity.
#DoBig #MSMEFacts #DidYouKnow
There is a substantial decline in lending to MSME by PSU banks. CIBIL reports Share of PSU credit to MSME between Dec 2013 to Dec 2918 fell by 19% to 39%
It is on record also that 40% of MSME lending comes from unorganised sector with 4-6 times interest rate #MSMEFacts 2/2
Inspire of efforts by govt to ease lending for MSME, public sector banks are still hesitant to extend loans to the sector reason
A. MSME payment is unsure
B. Stiff competiton and unrealistic order price from Honchos the profitability of MSME is always in doubt 1/2 #MSMEFacts
In 6 years over 430 SMEs have been listed on Indian SME bourses. In the first 8 months of 2018 around 100 companies were listed on the SME platform of BSE & NSE raising funds close to Rs 1755 Cr with a MCap of Rs 6305 Cr #MSMEFacts