MSME clients– How does can banking and electronic payments help in building the credit history for MSME Setups?
AS: One of the big collateral benefits is going to be financial inclusion. A lot of small and medium enterprises don’t have easy access to credit because they don’t have documentation or a track record. So now the tax payments that are made electronically can be discounted, and MSME’s can create a market for bills and a backbone where these people can have better access to credit.
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