Manufacturing MSME credit growth slows to three-year low: Report

Manufacturing MSMEs are experiencing the slowest credit growth in three years, raising concerns about lenders' strategies. Only 41% of registered small businesses have accessed formal credit, and the share of new borrowers is declining. While trades and services sectors saw faster credit expansion, manufacturing's asset quality improvement lagged. This trend highlights a need for collective efforts to boost credit accessibility for emerging enterprises.

Raccontata daeconomictimes.indiatimes.com