MSME credit grows at 11% YoY, led by micro segment
Data from TU CIBIL-SIDBI shows MSME credit grew at 11 per cent year-on-year (YoY) to Rs 23 trillion as on Q2, led by the micro segment (up 20 per cent YoY). Demand seems to be picking up gradually as inquiries stood 25 per cent higher YoY. Approval rates are also on an upward trajectory. Disbursements […]
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