Download the app
← Latest news

India drives BRICS plan to unlock MSME credit through fintech and shared finance solutions

Economy
Published on 8 May 2026
India drives BRICS plan to unlock MSME credit through fintech and shared finance solutions

Fintech is the lever BRICS will use for credit

India is spearheading its BRICS chairship push to strengthen MSMEs across member nations, focusing on improving access to finance and expanding fintech-driven credit. BRICS partners are exchanging approaches to tackle persistent funding and growth barriers for small businesses. The effort is designed to build more competitive MSME ecosystems that can spur investment, productivity, and job creation globally.

  • India leads BRICS talks to improve MSME access to finance
  • Fintech credit is a central theme across member countries
  • BRICS nations are sharing solutions to funding and growth hurdles
  • Goal is stronger, globally competitive MSMEs and jobs
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.