MSMEs see uptrend in payment delays: Report
Mon, Feb 5, 2024 10:13 PM

MSMEs see uptrend in payment delays: Report

A Flip by Shubhangi Gupta
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The medium small and micro enterprises (MSME) of India have experienced an uptrend in delayed payments to their lenders in November indicating stress on their cash flows, according to a report. "The average payment delays experienced by businesses indicates an uptrend in delayed payments, averaging to over 30 days for micro-enterprises in November 2023," according to MSME Sampark.

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