RBI Monetary Policy: ECLGS pushed credit growth to micro and small businesses to 20% - Economic Times

4/8/2022 12:00:00 AM3 years 1 month ago
by ET Online
by ET Online
“Growth in credit to industry recovered to 6.5% in February 2022 from a low of 1.0% a year ago, aided by higher flows to MSMEs and a turnaround in large industry,” the report stated.
As per the Monetary Policy Report released on Friday by the Reserve Bank of India, there has been a considerable growth in credit to industry which is also aided by the governments Emergency Credit L… [+1125 chars]
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