Loans to MSMEs by NBFCs in India

Loans to MSMEs by NBFCs in India

What does it tell us?

Loans to MSMEs by NBFCs in India

  • The MSME sector was among the most pandemic-afflicted sectors
  • NBFCs’ credit to MSMEs grew at 17.8 percent during 2020-21. ICCs, together with NBFCs-MFI, are the main purveyors of MSME credit
  • Eleven percent of the NBFCs-MFI’s loan book comprises micro and small loans

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COMMENTS

Submitted by Abhishek R. Sharma on, July 7, 2024 - 17:07

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