Small Industry, Big Trouble” in Hindi – print and online edition.
Will Fresh Start, bankruptcy law for small debts, help borrowers?
State-wise MSME opportunity and risk study highlights:Gujarat is the best performer in MSME credit lending in India Maharashtra ranks highest on the Market Size parameter; Andhra Pradesh ranks highest on Market Growth Gujarat tops in maintaining low NPA rate Delhi ranks highest in MSME’s score quality
Mumbai, 18 July, 2019: The sixth edition of TransUnion CIBIL- SIDBI MSME Pulse Report shows continued growth at 12.4% year-on-year (YOY) in the quarter ending Mar’19. Total debt in India has increased at a CAGR of 13.3% to reach the level of INR 253 trillion in a five year period from Mar’15 to Mar’19. Total debt includes government debt, debt of corporate entities and individual borrowers. The growth in aggregate debt in the past four years is powered by a 22% CAGR growth on lending to individuals (including consumer loan,...