Tag: MSME loan

MUMBAI: 'Smaller is better' at least when it comes MSME loans. Among micro, small, and medium enterprises, lending to the micro segment - where credit is less than Rs 1 crore - grew the fastest in the March quarter even as loans to medium-sized businesses shrank.Public sector banks led in MSME loan originations in the micro segment in the fourth quarter of FY23, data from MSME Pulse, brought out by Small Industries Development Bank of India (Sidbi) and TransUnion Cibil, showed.Micro segment recorded a 23% year-on-year growth in...