Non Banking financial companies (NBFC) Loans to MSMEs in India: Growth, Debt Trap Risks, and the Need for Reforms
In India’s fast-growing small business landscape, Non Banking Financial Companies (NBFCs) have become the backbone of MSME financing. When banks hesitate, NBFCs step in. When entrepreneurs need urgent working capital, NBFCs are the first to respond. But behind the glitter of easy loans and quick approvals lies a hard truth:NBFC loans can either help a […]









