Micro, small businesses witness moderation in credit growth: Survey

Micro and small businesses in India are witnessing a moderation in credit growth. This suggests a potential slowdown in the pace at which these businesses are accessing new loans. The moderation could be attributed to various factors, including tighter lending norms, economic uncertainties, or a saturation of credit demand within this segment. This trend has implications for the growth and expansion plans of micro and small enterprises, which often rely on credit for their operations and investments.