Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/222698 
Autor:innen: 
Erscheinungsjahr: 
2019
Schriftenreihe/Nr.: 
ADBI Working Paper Series No. 931
Verlag: 
Asian Development Bank Institute (ADBI), Tokyo
Zusammenfassung: 
This paper describes the common financing challenges faced by micro, small, and medium-sized enterprises (MSMEs) in India and some important measures taken to address them, with a focus on the credit rating scheme implemented in 2000. It examines the usefulness as well as the limitations of the scheme, drawing on interviews with rating agencies and MSMEs. The analysis indicates that with credit rating being an expensive exercise, the availability of government subsidies under the scheme has been an important factor in encouraging MSMEs to get themselves rated, thereby reducing information asymmetry with banks and enabling access to credit. Given the large number of unbanked MSMEs in the country, leveraging the data generated by MSME lending and credit rating in the country through the creation of a credit risk database is necessary. Lenders will then be able to tap into the collective data generated in order to make more informed credit decisions with regard to MSMEs without relying on subsidies.
Schlagwörter: 
micro
small
and medium-sized enterprises
India
credit rating
JEL: 
G21
G28
G38
Creative-Commons-Lizenz: 
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Dokumentart: 
Working Paper

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