TransUnion CIBIL Partners with Digital India’s Common Services Centres to Drive Financial Inclusion through Easy Access to CIBIL Score
Structurally Strong MSMEs set to Help Indian Economy Recover Under Emergency Credit Loan Guarantee Scheme
COVID-19 Expected to Alter the Demand-Supply Dynamics of India’s Retail Credit Market
MSME credit continues to have lowest rate of default in commercial lending
Enhanced CIBIL MSME Rank Launched by TransUnion CIBIL to Cover Smaller Businesses
Mumbai, 18 February, 2021: Findings from the latest edition of the TransUnion CIBIL-SIDBI MSME Pulse Report indicate that under the aegis of the Government’s Emergency Credit Line Guarantee Scheme (ECLGS), commercial credit enquiries surged 58% year-on-year (YoY) in June’20 and stabilised toward the end of the year, up around 13% (YoY) as of Dec’20, which is similar to pre-COVID-19 growth levels. The total on-balance-sheet commercial lending exposure in India stood at ₹71.25 lakh crores i...