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Posts Tagged: Formal credit

4 AI-Powered Bank Statement Analyzers for MSME Lending
Finance

4 AI-Powered Bank Statement Analyzers for MSME Lending

India has over 6.3 milion MSMEs, with an unmet credit gap of 120 billion USD. According to 2024 Trans Union CIBIL report, only 2.5 million MSMEs have access to formal credit. MSMEs have a high

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