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TransUnion CIBIL and Ministry of Statistics & Programme Implementation (MoSPI) launch MSME Credit Health Index
Mumbai, 02 November, 2020: In order to provide a reliable measure and benchmark of the growth and strength of the MSME sector in India, TransUnion CIBIL in partnership with Ministry of Statistics & Programme Implementation (MoSPI) has launched MSME Credit Health Index. The MSME Credit Health Index will provide government, policy makers, lenders and MSME market participants, a unique and reliable numeric indicator for measuring and benchmarking the health of the MSME sector. This measurement model, based on comprehensive data and intensive analytics is set to facilitate better MSME credit risk management, formulation of strategies and policies to support the revival and resurgence of the MSME sector and the economy.
Enabling the MSME ecosystem to transact with confidence
The MSME Credit Health Index is built using credit data subm...