The introduction of ‘digital’ space in India has indeed redefined how we manage our money; be it shopping, investing, or handling regular payments. However, with convenience comes complexity. Managing recurring payments for subscriptions, loans, or bills can turn into a headache in no time, without the right tools. That’s exactly where systems like e-nach
What is Channel Financing? Channel financing meaning can be defined as a form of supply chain finance that provides liquidity to the distributors and dealers of a manufacturer or a supplier. It enables the channel partners to purchase goods from the manufacturer or supplier on credit, and repay the amount after selling the goods
The Pradhan Mantri Mudra Yojana (PMMY) has played a crucial role in supporting small businesses and encouraging entrepreneurship across India. In fact, the latest update on PMMY highlights positive progress in reducing non-performing assets (NPAs) on Mudra loans. As announced by Finance Minister Nirmala Sitharaman, mudra loan NPA dropped to 3.4% for public sector
Lending institutions and investors often use financial analysis to evaluate the performance and financial health of a business. One of the many financial ratios often used in corporate finance to determine a company’s short-term liquidity situation is the operational capital turnover ratio. It offers insights into how efficient a business is in managing its
Micro, small, and medium enterprises (MSMEs) have emerged as a leading contributor to the country’s economic growth. These enterprises have brought the country’s vision for economic growth to reality, and banks and governments have also realised their importance. Over the years, many schemes have been introduced to promote the growth of MSMEs. Let’s delve
Micro, small and medium enterprises are the backbone of a country’s economy. In fact, according to a recent study, over 30% of the country’s GDP comes from MSMEs thus making it crucial to promote the growth of these enterprises by providing financial aid in areas where they face challenges like logistics and supply chain
