New Delhi, May 6 -- The Micro, Small and Medium Enterprises (MSME) sector in India presents a significant lending opportunity due to a credit gap of approximately Rs 28 lakh crore, according to a recent report by Mavenark.
The report highlights the sector's growing importance in the Indian economy and the role of policy interventions in boosting credit availability.
"The estimated credit gap in the MSME sector is Rs 28 lakh crore, indicating a substantial lending opportunity," it said
According to the report, the estimated credit gap of Rs 28 lakh crore points to a substantial untapped lending market in the MSME space. As of March 2024, the total size of the MSME lending market across ticket sizes and various player groups stood at aro...
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