RBI data: Loan defaults by MSMEs doubled in last fiscal

While credit growth picked up significantly, the outstanding advances to micro and small units rose by 6.72% during the period to Rs 10,49,796 crore from Rs 9,93,655 crore in the previous fiscal ended on March 2017.

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/2wzcXYU