The growth in overall MSME borrowers has moderated as lenders are focusing on extending credit to existing borrowers, the report said. Total MSME credit exposure is at ₹23.12 lakh crores as of Mar’22 (FY22-Q4), a y-o-y growth rate of 6.3%. Total live MSME borrowers stand at 7 Million as on Mar’22, amounting to a y-o-y growth of 6%.
Hot Stocks: Brokerages view on Vedanta, HUL, Dabur and Avalon Technologies
Emkay initiated coverage on Dabur India and InCred also initiated coverage on the EMS industry.