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NBFCs, MSMEs Finance

NBFCs to Grow By Around 14 % though MSMEs

NBFCs to Grow By Around 14 % though MSMEsWith increased lending, credit flow by NFBCs to the micro, small and medium enterprises (MSMEs) is expected to grow at 12-14% in next five years, an ICRA report said. As on March 2017, credit to MSMEs stood at Rs 16 lakh crore, according to the report.

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