Promoting Responsible Borrowing and Lending Practices for SMEs in India

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Promoting Responsible Borrowing and Lending Practices for SMEs in India

This article focuses on how the NFIR can promote responsible borrowing and lending practices for SMEs and financing companies. It emphasizes how the NFIR will provide lenders with accurate credit information, encourage borrowers to maintain good credit scores, and expand opportunities for sourcing finance for SMEs.