Big banks, small businesses and tricky loan applications – The Microfinance Portfolio

Small businesses need to borrow to grow, but the system and the criteria that banks lend upon – based on a long track record, assets and growth projections – often do not line up with the characteristics of typical small-to-medium business. Parijat Garg ( VP , CRIF High Mark) shared these insights at a recent meet with India’s leading newspaper, Business Standard. He also shared some interesting numbers on highest proportion of borrowers associated with four or more lenders from different states of India. 

Print: Business Standard| Page No 07 |Edition: National