Regardless of a business’ size, or its industry genre, working capital continues to play a significant role as a metric to assess its short-term financial health. With India’s start-up base contributing to it being one of the major economies across the world, the working capital requirements are now at an all-time high. Much can be attributed to the fact that working capital acts as the financial pivot for any business. It is well substantiated by RBI’s new ‘Guidelines on loan system for delivery of credit’ that is expected to bring…
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