Many private sector banks started cutting their exposure to small businesses when the pandemic broke out but with government guarantees coming in and stress turning out to be less than expected, they sharply increased their market share in FY22.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/pvt-banks-more-than-triple-their-share-in-loans-sanctioned-to-msmes/articleshow/92484518.cms
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