Scheduled commercial banks, NBFCs to give additional MSME credit of ₹1.54 lakh cr: FM
The Statesman|November 11, 2024
The government has set the target for all scheduled commercial banks and NBFCs for providing additional MSME credit of Rs 1.54 lakh crore in the current financial year (FY25).
AGENCIES
Scheduled commercial banks, NBFCs to give additional MSME credit of ₹1.54 lakh cr: FM

The banks and NBFCs should aim at total credit growth of Rs 5.75 lakh crore, Rs. 6.21 lakh crore and Rs 7 lakh crore to MSMEs in the financial year 2024-25, 2025-26 and 2026-27 respectively, according to Finance Minister Nirmala Sitharaman.

This story is from the November 11, 2024 edition of The Statesman.

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This story is from the November 11, 2024 edition of The Statesman.

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