The commercial credit portfolio of Indian micro, small, and medium enterprises grew 11% YoY in Jul-Sep due to accelerating economic activity. The credit exposure reached Rs 28.2 lakh crores, and supply volumes grew by 20% YoY. Technology played a pivotal role in enhancing credit flow.
Centre's ECLG Scheme Saved Around 12 Per Cent Of Outstanding MSME Credit From Slipping Into NPA: SBI Research swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.
The Centre's Emergency Credit Line Guarantee Scheme (ECLGS) has saved almost 13.5 lakh MSMEs worth Rs 1.8 lakh crore from slipping into non-performing assets (NPA), SBI Research said in a report on Thursday."In absolute terms, MSME loan ...
The Centre's Emergency Credit Line Guarantee Scheme (ECLGS) has saved almost 13.5 lakh MSMEs worth Rs 1.8 lakh crore from slipping into non-performing assets (NPA), SBI Research said in a report on Thursday.