23 pct of industrial credit goes to MSMEs, says report
Commercial lending stood at Rs 54.2 trillion as of March 2018, with micro and SME segments contributing nearly 23 per cent to overall growth
Dud loans at MSMEs have remained stable and range bound during the period with micro segment moving down from 8.9 per cent in March 2017 to 8.8 per cent in March. Image source: Reuters