The Fundamentals of Credit Risk Management and How to Mitigate Credit Risk “We are experiencing a fundamental shift in the global economy, from a world of relative predictability … to a world with more fragility — greater uncertainty, higher economic…
Obtaining timely and adequate credit is imperative for MSMEs to grow and expand. Here are 11 ways you can improve the creditworthiness of your MSME. 1. Maintain your company’s correct legal identity and contact details across all statutory databases. 2.…
On February 6th, 2023, India’s Minister of Finance, Dr. Bhagwat Karad, responded to an unstarred question (PDF) from the Parliament regarding “Corporate Borrowers,” which mentioned the Legal Entity Identifier (LEI). In his answer, Dr. Bhagwat Karad stated that Public Sector Banks…
Supply chain disruptions can have a significant impact on businesses. They can lead to delays in the delivery of raw materials, components, and finished products, which can cause production delays and shortages. This can result in lost sales and…
Imagine you have a vacancy in your company. How would you fill it? You would request prospective candidates to send in their resume with information about their work experience, educational background and work skills, assess them based on their resume,…
Finance teams in most companies have realised that they must adopt the technology and tools driving change in modern businesses. Today’s companies need finance leaders who can leverage technology to manage emerging risks. The main task of modern-day CFOs is…
Small and Medium Enterprises (SMEs), the backbone of the Indian economy are hemmed in between the large corporate and retail segments in terms of loan ticket size and have the least credit penetration. This is because non-incorporated SMEs are subject…
Recently, the Reserve Bank of India (RBI) released data for fluctuations in costs, operating profits, and EBITDA of listed private Indian corporates in Q2 FY 2023 (July to Sep 2022) and compared it with earlier quarters beginning Q1 FY 2022.…
