In India, Micro, Small, and Medium Enterprises (MSMEs) are the backbone of the country’s economic growth, generating employment and contributing significantly to the GDP. However, accessing credit has often been a significant challenge for such enterprises, especially for startups and small-scale businesses. This is where responsible lending plays a transformative role. At LendingKart, responsible lending […]
Have you ever walked into a bank to open a savings account, only to feel like you are doing bureaucratic work? You’ve got your Aadhaar card, your PAN, three passport-sized photos, and a mountain of forms to sign. Then, two weeks later, you decide to invest in a mutual fund or buy insurance, and
With increasing digitisation of financial services, the CKYC regime simplifies routine identity verification. Once your KYC details are registered in the Central KYC Records Registry (CKYCRR), managed by CERSAI, you get a unique CKYC number that can be used across banks, mutual funds, insurance companies and other regulated institutions, without submitting physical documents each
The Goods and Services Tax (GST) system plays a significant role in the financial ecosystem of businesses. It standardises indirect taxation and ensures transparency across supply chains. However, the effectiveness of this system depends heavily on timely GST filing. What seems like a minor administrative delay can result in financial penalties, blocked funds, operational
Understanding the latest tax slab is essential for effective tax planning. The Indian Government’s new tax regime continues as the default option, giving taxpayers simplified and potentially lower tax rates with fewer exemptions. Despite expectations during the Union Budget 2026, the income tax slab structures for both regimes have largely remained the same as
Ratio analysis is a method of evaluating a business’s financial health by analysing numerical relationships between items in financial statements, such as the balance sheet, profit and loss account, and cash flow statement. These relationships are expressed as financial ratios that highlight how well a business is performing, both over time and compared to
Farming in India faces unique financial challenges, including unpredictable weather, fluctuating market prices, rising input costs, and limited access to formal credit. To support farmers and ensure a stable source of income, the Government of India has introduced several welfare schemes over the years. One of the most significant among them is the PM
