It was Sidhi’s dream to open her own boutique. To expand the boutique, she needed to get a loan. Like all others, she went to the bank to apply for a loan. However, after doing so, she realized that there are so many formalities and documentation involved in the process. It was extremely difficult
RBI Loan Moratorium Update: Small Borrowers’ Eligibility Check
Latest News Loan Moratorium? Over 19 Crore Borrowers Benefited from the COVID 19 Loan Moratorium, Finance Ministry Announced The loan moratorium that extended for six months, from March 1 to August 31 in 2020, cost the government 6,474 crores. And it benefited over 19 crores of borrowers across the country, the Ministry of Finance
How MSMEs & Small Businesses Can Scale Up Online Successfully
No longer is the online space regarded as a domain meant just for large and mid-sized companies, or as a launchpad for digitally savvy millennial start-ups. An increasing number of traditional, brick and mortar, small businesses and MSMEs are now establishing their digital presence – to varying extents, and in a variety of ways
Effect of Business Loans on Personal Credit Scores
Does Business Loan Affect My Credit Score Transforming an idea into a full-fledged business which is up and running is intimidating, especially if you are a young entrepreneur with no prior experience. It is when you start, you realize that there are several aspects to running a business. Credit score is one such aspect
