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MSME share to manufacturing output declines

“The budget has underlined the significant role that NBFCs play in capital formation of the MSME segment, and that NBFCs should continue to get funding from the banks. Since the liquidity crisis, the banks have become more conservative and were war ...

India’s shadow banking crisis sparks credit crunch

The rise over the past decade of nimble lenders such as Kinara has played a crucial role in India’s recent economic growth. They have provided modest loans to millions of small businesses and consumers who would otherwise have had no access to cred ...

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