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Factoring Bill: Will NBFCs Jump In To Solve An Age-Old Financing Problem?
As factoring opens up to NBFCs, many are eyeing the opportunity. But will they jump in?
04 Aug 2021, 04:35 PM IST
Ensuring adequate financing and liquidity for small businesses is a problem India has grappled with for long. Large businesses and even the government delay payments often. Formal finance has left many small enterprises untouched. And small businesses are left walking a tight-rope balancing their production cycles and working capital requirements.Attempts to solve this problem, via platforms such as TReDS, have seen modest success at...
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