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 […]
UPI ID Kya Hota Hai? Simple Language Mein Samjhein Online Payment Ka System
आज के समय में जब हम घर से बाहर निकलते हैं, तो जेब में नकद रखना ज़रूरी नहीं समझते हैं। चाय की थड़ी से लेकर बड़े रिटेल स्टोर तक, हर जगह बस एक क्यूआर (QR) कोड स्कैन किया और सेकंडों में भुगतान पूरा हो गया। इस पूरी व्यवस्था को सुचारू रूप से संचालित करने
India Leads BRICS Discussion on MSME Technology Adoption: Key Takeaways for Businesses
The MSME sector in India is undergoing a digital revolution, and it’s only natural that this paradigm shift be at the heart of any future growth and development in the sector. Digital payment methods, cloud computing services and automation are revolutionising traditional business operations among SMEs. In this regard, India’s active contribution in the
Small Businesses Record Strongest Growth Since Covid: What It Means for MSMEs in India
For Indian small businesses, growth has peaked at its highest level since the Covid-19 pandemic. With consumer demand picking up pace and businesses embracing digitalisation, growth is no longer about recovery for most of the enterprises; it’s about expanding, and this growth is giving a boost to MSME growth in the country by opening
Types of GST Returns in India: GSTR Forms, Due Dates & Filing Process (2026 Guide)
While the GST system in India has simplified indirect taxation, GST compliance can still be daunting for many businesses. With multiple GST forms, different filing timelines, and taxpayer-specific requirements, it is important to know which returns are applicable for your business. If you are a small business owner, trader, manufacturer, service provider, freelancer, or
Ever wondered why two borrowers with similar incomes get completely different loan approval outcomes in India? The answer often lies in a single underwriting metric used by banks and NBFCs, the FOIR (Fixed Obligation to Income Ratio). From personal loans and home loans to business credit, lenders use FOIR as a real-time reality check
Government Removes 11% Cotton Import Duty: What It Means for India’s Textile MSMEs
The Indian textile sector has always been a story of resilience. The sector, with its powerhouses in Tiruppur, Surat and thousands of MSMEs across India, has successfully embraced changing fashion trends, changing policies, shifting international trade patterns and cut-throat competition. The recent decision to remove the 11% import duty on cotton marks another important
