Nexus Between Credit Conditions, Financial Literacy, and Loan Accessibility Among Indian MSMEs

Title

Nexus Between Credit Conditions, Financial Literacy, and Loan Accessibility Among Indian MSMEs

Creator

Chadha S.; Tripathi D.K.; Tripathi A.

Description

We examine the interplay among commercial bank loan terms, financial literacy, and formal loan accessibility for micro, small and medium enterprises (MSMEs). Despite recent strides in integrating MSMEs into commercial bank portfolios via micro-lending initiatives, persistent challenges hinder their access to formal credit. Drawing from empirical data and existing literature, this study explores the nuanced impacts of loan terms and financial literacy on SMEs ability to secure formal loans. Addressing gaps in prior research, we concurrently analyse borrower characteristics and credit regulations influence on formal loan accessibility. The Author(s), under exclusive license to Springer Nature Switzerland AG 2024.

Source

Lecture Notes in Networks and Systems, Vol-1082 LNNS, pp. 164-172.

Date

2024-01-01

Publisher

Springer Science and Business Media Deutschland GmbH

Subject

Financial literacy; Loan accessibility; Micro-lending initiatives

Coverage

Chadha S., Department of Management, Birla Institute of Technology and Science, Pilani, Pilani Campus, Rajasthan, Pilani, India; Tripathi D.K., Department of Management, Birla Institute of Technology and Science, Pilani, Pilani Campus, Rajasthan, Pilani, India; Tripathi A., Department of Professional Studies, Christ University, Bangalore, India

Rights

Restricted Access

Relation

ISSN: 23673370; ISBN: 978-303167433-4

Format

Online

Language

English

Type

Conference paper

Identifier

https://doi.org/10.1007/978-3-031-67434-1_15

https://www.scopus.com/inward/record.uri?eid=2-s2.0-85204464919&doi=10.1007%2f978-3-031-67434-1_15&partnerID=40&md5=a3ee1182225da02286eb001163e65632