Monday 29 January 2018

Economic Survey: Large businesses corner 82.6% of credit, MSMEs get a paltry 17.4 %

According to the Economic Survey 2017-18, data on credit disbursed by banks shows that out of a total outstanding credit of Rs 26,041 billion as in November 2017, 82.6% of the amount was lent to large enterprises and MSMEs got only 17.4 % of total credit. Read more here: Economic Survey: Large businesses corner 82.6% of credit, MSMEs get a paltry 17.4 %
Read More Here: Economic Survey: Large businesses corner 82.6% of credit, MSMEs get a paltry 17.4 %

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