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  1. The Kerala Financial Corporation has been sustaining financial contributions to the MSME sector and promoting industrial growth.

A senior finance ministry official warned that the current lending base size makes rapid MSME credit growth unsustainable, noting that a focus on deposits tempers this growth.

2 reports, 2 independent Updated Jul 1
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What happened

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A senior finance ministry official warned that the current lending base size makes rapid MSME credit growth unsustainable, noting that a focus on deposits tempers this growth.

How it developed

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  1. Credit growth is moderating due to base effects.Sub-event
  2. Bank grows MSME portfolio amid geopolitical tensions and deposit growth.1 source
  3. Senior official warns MSME credit growth is hitting limits due to deposit focus.1 source

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