Yesterday's LiveMint had an article saying bank credit to MSMEs had dried up. Delayed payments from larger firms constrained liquidity and contributed to their difficulty in repaying loans. https://lnkd.in/fapWR3w It had another article saying millennials are falling into a debt trap. Barely into their first job, app-based lenders offer them unsecured personal loans at high interest rate and then chase repayments by sometimes threatening to contact the very friends that those millennials were trying to impress by living beyond their means. https://lnkd.in/fpEXDC6 Shouldn't fintech be solving real credit problems by lending to MSMEs? #fintech #lending …see more