November 25, 2024
India’s Consumption Loan Portfolio Grows 15.2% YoY To Rs 90.3 Lakh Crore #IndiaFinance

India’s Consumption Loan Portfolio Grows 15.2% YoY To Rs 90.3 Lakh Crore #IndiaFinance

CashNews.co

The MSME lending segment displayed mixed results, with individual MSME loans growing faster than entity MSMEs. The individual MSME portfolio increased by 29% YoY in fiscal 2024, accelerating from 15% in fiscal 2023, while entity MSME loans grew by just 6.6% YoY, a sharp slowdown from 17.2% in the previous year.