The size of the total lending market in India has grown to Rs 174 lakh crore at the end of March, with retail loans contributing 48.9%. The share of commercial loans was at 49.5% and the balance 1.6% was contributed by microfinance, according to a study by credit bureau CRIF High Mark.
West Bengal plans incentives to spur industrial investments
The government is exploring off-balance sheet incentives like soft loans to keep the weightage on budget-dependent industrial promotion lower, the finance minister said. Concession on