Easy credit can boost demand and MSME can use cheap loans to service the demand but everything substantially depends on consumer sentiment.
The credit outreach in every district of the country is expected to begin again in October 2021, Sitharaman informed.
Credit institutions are fast approaching a saturation level in new customers as over half of the borrowers are from the existing customer base
Microfinance institutions further the cause of financial inclusion as they lend to those who are often too poor to get loans according to conventional