Current Account vs Line of Credit: What’s the difference?
Posted on Thursday, April 27th, 2023 |
In the dynamic and competitive business landscape of India, companies require access to various financial tools to manage their cash flow and operations efficiently. Two such financial tools that are commonly used are current account and lines of credit. Although they both offer certain benefits, they serve different purposes and have distinct features that set…
Read moreTop 10 problems faced by MSME in India
Posted on Wednesday, December 21st, 2022 |
The MSME, or the micro, small and medium enterprises are vital constituents of the Indian industrial sector. They contribute significantly to the GDP and export earnings besides meeting the social objectives of developing backward areas, reducing regional disparities, and providing employment opportunities to millions of people across the country. Despite this, MSMEs in India suffer…
Read more