According to the Indian Ministry of MSME’s Annual Report for FY18, there were a total of 63.3 million MSMEs (Micro, Small, and Medium Enterprises) in India. Further, MSMEs (broadly defined as businesses with annual revenue up to INR 250 Cr - approximately US$ 35 million) accounted for 30% of India’s GDP, 45% of India’s total manufacturing output, and 40% of read more...
Chief Financial Officers (CFOs) have always played a vitally important role in the long term success of companies. However, fast changing business environments, the rise of global competition and volatile economic conditions have complicated their role, forcing them to spend more time on day-to-day activities and less time on longer-term strategic planning. In a read more...
Small and Medium-sized Enterprises (SMEs) account for more than half of the world’s GDP and two-thirds of all employment. They range in scale and ambition, from fast growing start-ups to stable, medium-sized manufacturing businesses. Despite their importance to the world economy, SMEs often face problems accessing credit when and where they need it. Their banking read more...
