Delhi govt partners with CGTMSE to provide collateral-free loans to small enterprises
The collaboration will help small entrepreneurs access loans without collateral while reducing risks for the banks.
The collaboration will help small entrepreneurs access loans without collateral while reducing risks for the banks.
Despite these improvements, the report reveals that a substantial credit gap remains. Only 19 per cent of MSME credit demand was met formally by FY21, leaving an estimated Rs 80 lakh crore unmet.
