The MSME Pulse March 2019 Report suggests that the micro, small and medium enterprises (MSME) credit growth has been on a firm footing in the last five years. However, the Public Sector Bank’s (PSBs) share in MSME lending has been reducing during the same period.
Pro MSME government policies and schemes, assisted by Central and State Institutions has helped in this significant growth of MSMEs in India, the report said adding that the Mudra scheme is noteworthy for its financial inclusion impact.
TransUnion CIBIL is India’s leading credit information company and maintains one of the largest repositories of credit information globally. The MSME Pulse Report is prepared by TransUnion CIBIL and powered by the Small Industries Development Bank of India (SIDBI).
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