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28February2024| 08:53 Europe/AmsterdamCredit Flow to MSMEs Continues To Grow With Broad-based Expansion Acro..
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21February2024| 06:19 Europe/AmsterdamGrowth in Indians Self-Monitoring Their CIBIL Report to Access Credit ..
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06February2024| 10:53 Europe/AmsterdamRetail Credit Growth Moderated as Lenders Tightened Supply in the Quar..
Retail Credit Growth Continues While Delinquencies Remain Broadly Stable
MSME Credit Growth Momentum Continues with Rising Demand and Stable Performance
Retail Credit Continues on its High Growth Trajectory
TransUnion CIBIL Appoints V Anantharaman as Chairman
Consumption-led Lending Continues to Catalyze Credit Market Growth
Mumbai, 28 February, 2024: India’s commercial credit portfolio grew by 11% year-over-year (YOY) and credit exposure stood at INR 28.2 Lakh Crores at end of the quarter ending September 2023, according to the latest TransUnion CIBIL-SIDBI MSME Pulse Report. Insights show that increased economic activity has spurred the demand for commercial loans, which grew 29% YoY. Supply volumes grew by 20% year-over-year (YoY) in the July-September 2023 quarter, indicating improved lender confidence.
Speaking on the findings of this edition of the MSME Pulse, Mr. Sivasubramanian Ramann, Chairman and Managing Director, SIDBI, said: “Lending to the MSME sector continued in H1:FY2024, despite the conclusion of the Emergency Credit Line Guarantee Scheme (ECLGS) scheme, indicating underlying growth momentum of the sector. …