MSME credit up on Govt guarantee

(This story originally appeared in on Feb 19, 2021)MUMBAI: There has been a revival in bank credit to small businesses driven by public sector banks on the back of the government's emergency credit line guarantee…

Funding and MSMEs: Can banks & fintech together…

MSMEs are key contributors to the country's economic activity as an important source of employment, growth, and innovation. Despite their essential role, MSMEs receive a disproportionately small share of credit from the financial system, a…

Bank credit grows by 6.36%, deposits by 11.41%

Mumbai: Bank credit grew 6.36 per cent to Rs 106.41 lakh crore, while deposits increased by 11.41 per cent to Rs 146.25 lakh crore in the fortnight ended January 15, RBI data showed. In the…

KKR’s big bet on India credit turned from…

Few asset managers have enjoyed more success in the riskier corners of credit than KKR & Co. But after a decade-long attempt to wring big returns from India, the Wall Street titan has become a…