New Delhi, July 3 (IANS) Business loans to individual entrepreneurs grew faster than those to commercial entities over three years even as outstanding commercial credit rose to Rs 65.8 lakh crore, up 14 per cent YoY, a report said on Friday.The report from TransUnion CIBIL and SIDBI said loans to individuals accounted for 28 per cent of outstanding commercial balances while loans to entities made up 72 per cent.Individual borrower balances grew 1.8 times during the three-year period between Marc…
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New Delhi, Jan 13 (IANS) India’s MSME sector is showing early signs of revival with nearly eight in ten firms reporting improved performance in recent months and 86 per cent expecting business growth in 2026, a report said on Tuesday.The report from an SME focused NBFC NeoGrowth found constructive optimism driven by strong festive sales, improved cash flow and GST 2.0 benefits.The study of over 2,000 MSMEs across over 25 cities found that over 71 per cent of MSMEs plan to expand shops or open …
