The Role of NBFCs in Supporting India’s MSME Sector

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India’s economic landscape is dominated by its Micro, Small, and Medium Enterprises (MSMEs), which play a pivotal role in driving growth, creating jobs, and fostering innovation. Despite their significant contributions, MSMEs often grapple with challenges, particularly in accessing finance. This is where Non-Banking Financial Companies (NBFCs) step in, serving as crucial lifelines to support and…