The Micro, Small, and Medium-Sized Enterprises (MSMEs) in India will be significantly impacted by the surge in digital lending. MSMEs are essential to the Indian economy and make a substantial contribution to job creation and general economic expansion. Over the past few years, MSMEs’ use of Internet payments has increased by 50–100%. According to a… Continue reading What Does the Digital Lending Boom Mean for Indian MSMEs?
Tag: economy
How the changing Economy forces Banks to Rethink Fintech Partnerships?
The fast-paced advancement of financial technology (fintech) has disrupted the old banking landscape, compelling banks to rethink their strategies and adapt to a changing economic environment. Fintech firms challenge traditional banking methods by bringing agility, innovation, and customer-centric solutions. Banks are recognizing the need to reconsider their approach to fintech collaborations as the economy advances.… Continue reading How the changing Economy forces Banks to Rethink Fintech Partnerships?