SME loans under ₹10L

The silver lining in the credit story is the 32% growth in loans to small businesses in the sub-Rs 10-lakh segment in 2017. The sector is getting more credit after a new law post-demonetisation barred cash transactions and introduction of GST forced businesses to formally report all sales.
the Small Industries Development Bank of India (SIDBI) and Trans-Union Cibil. The report, which analyses repayment behaviour of all five million small businesses that have availed formal loans, shows that micro, small and medium enterprises (MSME’s) have much lower non-performing asset (NPA) rates (8-12%) than large (16%) or mid corporates (15%). Specifically, MSMEs with exposure between Rs 10 lakh-5 crore have among the lowest delinquency rates.
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