Credit Gap News - Latest Updates & Headlines
India's MSMEs face credit gap of Rs 30 lakh crore, women-owned businesses see highest shortfall: Report
New Delhi, May 19: The MSME (Micro, Small and Medium Enterprises) sector is facing an addressable credit gap of around Rs 30 lakh crore, which is about 24 per cent of the total credit demand, according to a recent report by SIDBI (Small Industries Development Bank of India).
Alternative finance and digital lending gaining traction among MSMEs: SIDBI Survey
New Delhi, May 14: Alternative finances and digital lending are gaining pace for credits to the Micro, Small and Medium Enterprise (MSME) sector, shows data from a survey by the Small Industries Development Bank of India (SIDBI).
India's MSME sector has significant lending opportunity with approx. Rs 28 lakh crore credit gap: Report
New Delhi, May 6: The Micro, Small and Medium Enterprises (MSME) sector in India presents a significant lending opportunity due to a credit gap of approximately Rs 28 lakh crore, according to a recent report by Mavenark.