The Role of NBFCs in Supporting India’s MSME Sector
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…
