The Power of MSMEs in India: Leveraging Credit Bureau Collections for Successful Debt Management

Credit Q14 Dec, 2023Business

Micro, Small, and Medium Enterprises (MSMEs) play a vital role in the Indian economy. These enterprises contribute significantly to employment generation, innovation, and overall economic development. In fact, according to the Ministry of Micro, Small and Medium Enterprises, MSMEs contribute around 29% to the country's GDP.