Loans to MSMEs by NBFCs in India
Abhishek R. Sharma- 22nd July, 2023
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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