Women-run small and medium enterprise (MSME) customers availed ₹430 crore worth of loans accounting for a significant portion (24%) of overall loans (total disbursals of close to ₹1,900 Cr. in FY 2023) disbursed to MSMEs, according to the NeoGrowth Impact...

India’s retail sector is benefiting from a vast consumer base and diverse retail formats. Recent reports indicate steady expansion in the sector, fueled by a rising middle class and increasing disposable incomes. Digital lending has emerged as a revolutionary approach...

Women-run MSME customers availed Rs 430 crore worth of loans accounting for a significant portion (24%) of overall loans (total disbursals of close to Rs 1,900 crore in FY 2023) to MSMEs, according to the NeoGrowth Impact Report 2023. It...

NeoGrowth has aligned its business activities to impact areas across healthcare, gender and financial inclusion, economic development and environmental impact. NeoGrowth, the MSME-focused digital lender leveraging the digital ecosystem, has successfully delivered on six United Nations Social Development Goals (UN...

The NeoGrowth Impact Report 2023 found that in the financial year 2022-23, nearly Rs 1,900 crore in loans were disbursed to Micro, Small & Medium Enterprises (MSMEs), with Rs 430 crore being availed of by women-led MSMEs. This allocation accounted...

Recognising the critical role of MSMEs and the need to address their financing challenges, it becomes imperative to strengthen India’s financial infrastructure to support MSME lending. The importance of Micro, Small, and Medium Enterprises (MSMEs) in India's economy cannot be...

NBFC experts believed that the remarkable growth trend in lending to the MSMEs has been fuelled by the progressive reforms by the government, and unique value proposition among others. Here’s what they said on recent growth trends and the factors...