![]() Legacy banks have many customers and that makes it difficult for them to give customised attention to each customer. The other thing that also hasn’t changed is the borrowing relationship with the bank.Ī borrowing relationship with a bank is built over time. ![]() Owing to poor cash flow management, these businesses struggle with a manual cumbersome process and end up missing out on the advantages of having a predictive cash flow system in place. ![]() Yet, the one thing that hasn’t changed throughout all of this is the financial constraint faced by small and medium sized businesses in India. From standing in queues and signing countless documents for opening a savings account to downloading an app on our phones and opening an account in minutes -the banking & financial services as we know it – has changed, and for the better if I may add.
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