Latest News on Credit To Msme
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Jan 08, 2019
Default rates among borrowers taking multiple loans from MSME lenders rise to 4.4% in three years: ReportThe study shows that 45 percent of the sanctions showing loan stacking behaviour belong to loans sanctioned by NBFCs and 23 percent of the borrowers who have taken loans from NBFCs fall in this category.
Nov 19, 2018
Reserve Bank of India trains 11,000 bank officers in 3,000 branches on MSME creditThe officers have been provided special kits to help their banks extend more credit to MSMEs, while they have also been trained on behaviourial issues to deal with such borrowers with utmost care.