Banks lend 5% more to MSMEs in July from year-ago period even as credit growth contracts in FY21 so far

Banks lend 5% more to MSMEs in July from year-ago period even as credit growth contracts in FY21 so far

Credit and Finance for MSMEs: Gross bank credit to micro and small enterprises in July was up 5.1 per cent to a little over 11 lakh crore from Rs 10.47 lakh crore in July 2019.
Check the source here –Source, Financial Express.

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