ndia is one of the world’s largest centers for Micro, Small, and Medium Enterprises (MSMEs). These enterprises play a crucial role in the Indian economy, but despite their large number, MSMEs in India suffer from a lack of adequate and timely access to funds. The key reason for this is that banks often view MSMEs as high-risk organizations and are therefore reluctant to lend to them. Also, MSMEs often lack the necessary collateral to get a loan. Therefore, a business loan without security is the best option for them.

published May 30th 2016, 5:48 pm, by Elizabeth Campbell (Bloomberg) —Illinois lawmakers overrode Governor Bruce Rauner’s veto of a law that gives Chicago a partial break on its pension payments to police and fire retirement funds. The House followed the Senate’s vote Monday to nix the veto. Rauner, a first-term