Aavas Financiers Ltd.

Abstract

The project addresses the creative disruption of credit markets, initiating a credit revolution targeting the untapped, underserved and unbanked MSME retail segments in India (post-Covid). Understand MSMEs, their ranking and the role they play in the Indian economy Research Rajisthan MSMEs (Small and Medium Enterprises) and choose an industry to conduct detailed in-depth industry-specific research. Also to prepare a product (loan) for the chosen industry. Aavas makes loans to people who are self-employed, who run small businesses like rickshaws or other vehicles, who run supermarkets, tiffin centers, beauty salons and other businesses, or who are involved in agriculture or livestock. in India, it is expected to record a CAGR of approximately 20.7% during the period (2021-2026). After the COVID-19 pandemic, most developed countries are burning waste paper or using it in landfills to prevent the spread of coronavirus. The economy is going through a difficult phase. It will take time to improve economic conditions that could have an impact on the country's financial system. The banking sector and non-banking growth are unstable due to the uncertain market scenario. The credit number has been reduced due to financial uncertainty and interest income is not being paid by creditors due to their inability to pay, resulting in high NPAs for Aavas.