Bombay Chamber of Commerce and Industry recently organised a Conclave on Small Finance: Enabling India’s journey to Amrit Kaal. In his keynote address at the Conclave, Nilesh Shah, Past President, Bombay Chamber and MD & Group President, Kotak Mahindra AMC said, “SMEs play a very crucial role in India’s economy. About 10 years ago, they were contributing 2/3rds of all the profitability of corporate India. Today also they contribute 50 per cent of corporate profitability in India.”