Wednesday, November 3, 2021

Economy woes: The 'small guys' wait for winds of revival

"Large shops had their loans sanctioned long back, but took the money only a month before Durga Puja to buy stocks to sell during the festivities. Micro-retailers like say a 'phuchka wala' (savoury snack seller) availed their loan money just 10 days before the festivals began," said the banker, who has long specialised in MSME finance.

from Economy-News-Economic Times https://ift.tt/3mF4uxN

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