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Making Capital Accessible for SMEs

2021-06-24 1 Dailymotion

The pandemic brought out the glaring need to build the financial resilience of small businesses. The World Bank estimates that Indian MSMEs suffer from the current credit gap of $380 billion. No wonder, several SMBs are reporting to be either out of funds or having little less than one month of working capital left to continue their operations.<br /><br />Key Takeaways: <br />1) Role of cash flow lending versus balance sheet lending<br />2) How the role of traditional lenders has to change<br />3) Gaps that fin-tech firms are filling in<br />4) Can TReDS platforms help?<br />5) Solutions required to enable SMEs get credit at lower interest<br /><br />Speakers: <br />1. Ketan Gaikwad, MD & CEO, Receivables Exchange of India (RXIL) <br />2. Rajesh Dubey, Advisor (Finance), FISME <br />3. R N Iyer, Founder CEO, Vayana Network <br />4. Sumant Rampal, Senior Executive Vice President, Business Banking and Healthcare Finance, HDFC Bank <br />

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