Financial ExpressDec 14, 2021Nearly 10 lakh MSME loans restructured by public sector banks till November 2021, up 58% from Jan 20Credit and Finance for MSMEs: From 6.19 lakh loan accounts involving Rs 22,650 crore restructured as of January 31, 2020, the number increased to 9.8 lakh accounts amounting to Rs 58,524 crore as of November 26, 2021Credit and Finance for MSMEs: MSME loan accounts restructured by public sector banks (PSBs) have jumped 58 per cent in nearly two years of the pandemic, according to the government data.From 6.19 lakh loan accounts involving Rs 22,650 crore restructured as of January 31, 2020, the number increased to 9.8 lakh accounts amounting to Rs 58,524 crore as of November 26, 2021.The data for January 2020 was shared by former Finance Ministry MoS Anurag Thakur in the Rajya Sabha in March 2020 and the latest information was shared by the current MoS Bhagwat Karad on Monday in reply to a written question.Read more at Financial Express
Credit and Finance for MSMEs: From 6.19 lakh loan accounts involving Rs 22,650 crore restructured as of January 31, 2020, the number increased to 9.8 lakh accounts amounting to Rs 58,524 crore as of November 26, 2021Credit and Finance for MSMEs: MSME loan accounts restructured by public sector banks (PSBs) have jumped 58 per cent in nearly two years of the pandemic, according to the government data.From 6.19 lakh loan accounts involving Rs 22,650 crore restructured as of January 31, 2020, the number increased to 9.8 lakh accounts amounting to Rs 58,524 crore as of November 26, 2021.The data for January 2020 was shared by former Finance Ministry MoS Anurag Thakur in the Rajya Sabha in March 2020 and the latest information was shared by the current MoS Bhagwat Karad on Monday in reply to a written question.Read more at Financial Express
