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 […]
Responsible Lending in India: What RBI’s New Digital Lending Guidelines Mean for Borrowers
For many in India, hidden fees that pile up like a mountain, aggressive recovery agents calling at odd hours, and apps that snoop through contact lists have increasingly become an issue. Recognising these dangers, the Reserve Bank of India (RBI) stepped in to clean up the mess. They introduced a framework of RBI digital
Let’s say you have the perfect plan for your dream venture. You’ve done your research, crafted a solid business plan, and all you need is a little financial boost to get started. You confidently apply for one of the many start up business loans available, only to receive a rejection email a few days
Let’s say you have the perfect plan for your dream venture. You’ve done your research, crafted a solid business plan, and all you need is a little financial boost to get started. You confidently apply for one of the many start up business loans available, only to receive a rejection email a few days
Ever noticed a long numeric code beside a product name on a GST invoice? That number is not random. It is called an HSN code, and it acts like a universal identity for products sold across India and internationally. From clothing and electronics to packaged food and machinery, every product falls under a specific
You’ve done it. You’ve taken the exciting leap into the world of business. Your product is ready, your service is polished, and you’re buzzing with energy to make your mark. Your next logical step is to get your business officially recognised by the government, so you head to the MSME Udyam registration portal. You
For companies registered in India, one of the most essential identification details is the CIN number. If you are wondering what is CIN number and why it matters, it plays a crucial role in identifying and verifying a company’s legal existence.. Whether you are a business owner, an investor, a service provider, or simply
