Speaking to CNBC-TV18, Uday Kotak said that the world could see a mega trend which is protectionism and in changing global narrative there will be some slowdown in trade.
The immense pressures of chasing growth, managing cash flows and serving clients often leave SME promoters and management with precious little time to manage the important functions on their own. One solution is to identify functions or tasks that are not core to the business and then outsource them to a good vendor.