A credit score is an expression, usually numerical, based on a detailed analysis of the credit files of the concerned person or organisation. This score represents the creditworthiness of the said entity. It is majorly based on the person’s credit…
A loan that is taken to finance a company’s everyday operations is known as Working Capital Loan. These loans are ideally used to provide the working capital that covers a company’s short-term operational needs. These needs may include costs such…
A loan that is taken to finance a company’s everyday operations is known as working capital loan. These loans cannot be used to buy long-term assets or investments. Instead, they provide the working capital that fulfils the company’s short-term operational needs.…
MSME loans play an integral role in the overall growth of the economy, especially inequitable growth. According to the recent data cited by SIDBI, MSMEs have contributed nearly 29% to the gross domestic product. As per the IMF, the protected…
Post financial crises, the global economy is still facing hardship to have a healthy growth rate. Similarly, India’s GDP is poised with breaks to gain better economic conditions. Recently, Moody’s Investors Service forecasted a decrease in India’s GDP to 6.2…
