Term loan share for micro enterprises jumps 31%

Posted under: MSME
Date: 2024-11-27
Term loan for msme News | Justo Global

UGRO Capital, in collaboration with Dun & Bradstreet released the 2nd edition of the MSME Sampark, a bi-annual analysis of the MSME lending ecosystem, that analyzed 39,000 MSMEs and 12,000 small businesses across 7 key sectors. It found that borrowings by MSMEs are increasing, largely through collateralized loans. With enhanced formalization, credit access, and support from financial institutions, MSMEs are leading the way toward a stronger, more prosperous India.”

Read more at: bankingfrontiers.com