Sunday, December 13, 2015

NBFCs step in to fill the void, lend more to SMEs

An increasing number of non-banking  finance companies (NBFCs) are ramping up their reach to small and medium enterprises (SMEs) to tap these ‘High  quality borrowers’  Bank lending to this sector leaves a lot to be desired – it declined 3.3 per cent in April-September this fiscal.

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