Slowdown in delinquencies to make MSME lending attractive: Report

Delinquency rates in the MSME segment are declining and credit demand is increasing due to the new-to-credit category, according to TransUnion Cibil. The credit bureau said delinquency rates have decreased gradually over the last three years, falling from 2.9% in the March 2022 quarter to 2.4% in the same period this year, while demand rose by 33%.

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.