India has over 6.3 milion MSMEs, with an unmet credit gap of 120 billion USD. According to 2024 Trans Union CIBIL report, only 2.5 million MSMEs have access to formal credit. MSMEs have a high demand for loans under 1 Lakh also known as small ticket loans. The lending process for such loans is often mired by traditional credit underwriting processes relying on credit histories … [Read more...] about 4 AI-Powered Bank Statement Analyzers for MSME Lending
News Papererity
Your window to the world
Footer
About Us
News Paperity is India’s authentic news and press release website. If you are searching for a Press Release website in India, you are at the right place. We cover the latest news stories and Press Releases. News Paperity and make sure your news reaches a wide range of audiences. You will find news related to startups, software, events, business, commerce, sports, and other topics on our news website.