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52% of MSME B2B payments overdue for 90+ days in major Indian cities: Recordent survey
Update / Judgement Date
21 Aug 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
A survey reveals that 52% of MSME B2B payments are overdue for 90 days in major Indian cities. This delay in payments highlights cash flow challenges faced by small and medium enterprises. The findings suggest a need for improved payment practices and better credit management to support MSME financial stability and operational efficiency.