: 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 Wed 04 May, 2022
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)
Stock Market News & Best Intraday tips & Stocks near support
More posts by @StockMarketNEWS
: NTPC invites proposals from startups to produce torrefied biomass pellets by 19 May 2022 #FinanceIndia #StockMarketNEWS NTPC invites proposals from startups to produce torrefied biomass pellets by
@StockMarketNEWS Wed 04 May, 2022
: MeitY to review and make changes in DLI scheme based on industry feedback #FinanceIndia #StockMarketNEWS MeitY to review and make changes in DLI scheme based on industry feedback New Delhi, May 2
@StockMarketNEWS Wed 04 May, 2022
0 Comments
Sorted by latest first Latest Oldest Best
Stock Exchange charts NSE Stock Exchange BSE Stock Exchange USA Stock Exchange Stock Charts NSE FNO Stock Analysis
NSE Stock Exchange NSE stock market news stock intraday tips
MNC.News NASDAQ NSE BSE Money SIP
Munafa NEWSTerms of Use Create Support ticket Your support tickets Powered by ePowerPress Stock Market News! Top Seo SMO © MoneySIP.com2024 All Rights reserved.