Private banks outpace public sector peers in lending to MSMEs | Economic Times - Jobs World

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Thursday, June 30, 2022

Private banks outpace public sector peers in lending to MSMEs | Economic Times

Private banks outpace public sector peers in lending to MSMEs https://ift.tt/3hHfzBC number of fresh borrowers at 67.61 lakhs for private sector banks under the government's ECLGS scheme is three times the fresh borrowers attracted by public sector banks who managed only 22.65 lakh new borrowers. Private banks disbursed Rs 95700 crore compared to Rs 79800 crore disbursed by public sector banks, according to Reserve Bank's latest Financial Stabilty Report.

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