Informative

Banks now comfortable in lending to MSMEs: SBI chief

Update / Judgement Date

03 Sept 2024

Source

Financial Express

Author

Team — WCP Legal Desk

Reading Time

1 min read

BankingFinancial ManagementMSME & Udhyam

The Chief of the State Bank of India (SBI) has announced that banks are now more comfortable lending to MSMEs, reflecting a positive shift in the financial landscape for small businesses. The article outlines recent changes in lending practices and policies that have made it easier for MSMEs to access credit. It also discusses the role of government schemes and bank initiatives in promoting MSME growth and improving financial inclusion in this sector.

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Banks now comfortable in lending to MSMEs: SBI chief

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