
: MSME bank credit to grow at 1214% in FY23: CRISIL #FinanceIndia #StockMarketNEWS MSME bank credit to grow at 12-14% in FY23: CRISIL Mumbai, April 30 (KNN) CRISIL has projected a bank credit growth
@stockMarketNEWS 20 Days ago
MSME bank credit to grow at 1214% in FY23: CRISIL #FinanceIndia #StockMarketNEWS
MSME bank credit to grow at 12-14% in FY23: CRISIL Mumbai, April 30 (KNN) CRISIL has projected a bank credit growth of 12-14 per cent for the micro, small and medium enterprises (MSMEs) in FY23.
MSME segment has witnessed a higher credit growth in the past year and is likely to have the same trajectory, benefiting from the government’s Atmanirbhar Bharat initiative and the impact of schemes such as the PLI, said the report.
For the overall bank credit growth the rating agency has estimated that it will move up by 200-300 basis points to 11-12 percent.
The estimate bakes in CRISIL’s forecast of 7 per cent plus gross domestic product (GDP) growth in the current financial year.
Krishnan Sitaraman, senior director and deputy chief rating officer at CRISIL Ratings, said that the biggest difference this year is the potential of corporate credit growth which looks set to double to 8-9 per cent. (KNN Bureau)
Munafa USA Munafa India Munafa NSE
More posts by @stockMarketNEWS

: ISMC to set up India’s first semiconductor fabrication unit in Karnataka #FinanceIndia #StockMarketNEWS ISMC to set up India’s first semiconductor fabrication unit in Karnataka New Delhi, May
@stockMarketNEWS 20 Days ago

: Amazon adding 2,500 jobs in California #FinanceUSA #StockMarketNEWS Amazon.com Inc. said Tuesday that it will add 2,500 corporate and tech jobs in Santa Monica, Irvine, Calif., and San Diego. The
@stockMarketNEWS 20 Days ago
0 Comments
Sorted by latest first Latest Oldest Best