Banks not keen to lend big to small businesses

Credit flow to MSMEs shrinks as lenders turn cautious owing to economic slump. The contraction in gross credit flow to the sector could be on the back of risk-averse lending by top banks as slowing consumption and stalling manufacturing growth. Between November 2018 and 2019, gross loans to micro and small industries fell 0.1%.

from Banking/Finance-Industry-Economic Times https://ift.tt/35goqei
via