Budget 2024-25: Emphasis on easier credit access for MSMEs & their growth
It is observed that numerous manufacturing MSMEs have been struggling and are still in the recovery phase post-COVID, whereas service-oriented MSMEs have made a reasonable recovery over the past few years
Budget provisions to boost MSME credit: Bankers
The measures announced in the budget to develop the micro, small and medium enterprises (MSME) sector will lead to a pickup in banks’ loans to such entities while also preserving their stable asset quality, senior bankers say.