Second edition of MSME Pulse report by SIDBI TransUnion CIBIL released

Posted on:23 Jun 2018 09:00:02
Second edition of MSME Pulse report by SIDBI TransUnion CIBIL released
23 June 2018 Current Affairs: The Small Industries Development Bank of India (SIDBI), a premier financial institution for the promotion, financing and development of the Micro, Small and Medium Enterprise (MSME) sector, in joint venture with TransUnion CIBIL, a Credit Information Company, has released the second edition of MSME Pulse, a quarterly report on MSME sector.

The total on-balance sheet commercial lending exposure in India stood at Rs.54.2 lakh crores, as of March 2018 with Micro and SME segment constituting Rs.12.6 lakh crores, which contributes to ~23% of commercial credit outstanding.

High growth in New-to-credit (NTC) showed the positive impact of GST.
The Small Industries Development Bank of India (SIDBI), a premier financial institution for the promotion, financing and development of the Micro, Small and Medium Enterprise (MSME) sector, in joint venture with TransUnion CIBIL, a Credit Information Company, has released the second edition of MSME Pulse, a quarterly report on MSME sector.

The total on-balance sheet commercial lending exposure in India stood at Rs.54.2 lakh crores, as of March 2018 with Micro and SME segment constituting Rs.12.6 lakh crores, which contributes to ~23% of commercial credit outstanding.

High growth in New-to-credit (NTC) showed the positive impact of GST.

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