A year-end report on MSME health reveals a massive shift in payment behavior. For the first time, 72% of all MSME transactions in India are now digital, driven by the adoption of UPI and BharatQR. This digital footprint is making it easier for banks to assess the creditworthiness of small businesses, leading to faster loan disbursements under the “59-minute loan” scheme.
MSME Digital Transformation: 72% of Small Business Payments Now Digital
