Thursday, February 18, 2021

Government's initiatives brings back loan growth to pre-Covid levels

Enquiries by borrowers rose 13 per cent year-on-year as of December'20 with lending growth largely being driven by the MSME segment. The total on-balance-sheet commercial lending exposure in India stood at Rs 71.25 lakh crores in Sep’20, clocking a growth rate of 2.1% y-o-y.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/governments-initiatives-brings-back-loan-growth-to-pre-covid-levels/articleshow/81094227.cms

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