Government's initiatives brings back loan growth to pre-Covid levels

Enquiries by borrowers rose 13 per cent year-on-year as of December'20 with lending growth largely being driven by the MSME segment. The total on-balance-sheet commercial lending exposure in India stood at Rs 71.25 lakh crores in Sep’20, clocking a growth rate of 2.1% y-o-y.

from Banking/Finance-Industry-Economic Times https://ift.tt/3bg3pFv