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Industry demands 6 per cent bank credit to MSME

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BS Reporter New Delhi/ Lucknow

Industry demands 6 per cent bank credit to MSME
BS Reporter / New Delhi/ Lucknow September 28, 2009, 0:34 IST

MSME chamber Indian Industries Association (IIA) has demanded 6 per cent of all net bank credit to micro enterprises in the country. IIA claimed the low level of financing to the sector was due to reluctance of banks to finance small loans and poor growth of the manufacturing sector.

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First Published: Sep 28 2009 | 12:34 AM IST

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