Digital Empowerment by Banks for SMEs in India
March 15, 2019
| Forbes India
The Small and Medium Enterprise (SME) segment in India has been a leading driver of growth, as it contributes a third of the country’s GDP. Yet it faces a major bottleneck in terms of inadequate funding from the formal financial sector. What is keeping banks from lending more to SMEs? How can digitisation help improve the flow of funds to this sector? Can digitisation also contribute towards making supply chain management more robust?
To explore these and other related issues, Forbes India hosted a panel discussion: the Forbes India Transformational Series powered by Nucleus Software.