The overall debt demand for micro, small and medium enterprises (MSMEs) in India was estimated at over 100 trillion Indian rupees for 2020. Given that nearly half of this demand was not addressable due to several factors and nearly 17 trillion rupees were disbursed by formal financial institutions, there was a credit gap of nearly 40 trillion rupees.
Estimated credit demand for micro, small, and medium enterprises (MSME) in India in 2020 (in trillion Indian rupees)
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MicroSave Consulting. (December 10, 2020). Estimated credit demand for micro, small, and medium enterprises (MSME) in India in 2020 (in trillion Indian rupees) [Graph]. In Statista. Retrieved April 25, 2024, from https://www.statista.com/statistics/1242920/india-credit-demand-for-msmes/
MicroSave Consulting. "Estimated credit demand for micro, small, and medium enterprises (MSME) in India in 2020 (in trillion Indian rupees)." Chart. December 10, 2020. Statista. Accessed April 25, 2024. https://www.statista.com/statistics/1242920/india-credit-demand-for-msmes/
MicroSave Consulting. (2020). Estimated credit demand for micro, small, and medium enterprises (MSME) in India in 2020 (in trillion Indian rupees). Statista. Statista Inc.. Accessed: April 25, 2024. https://www.statista.com/statistics/1242920/india-credit-demand-for-msmes/
MicroSave Consulting. "Estimated Credit Demand for Micro, Small, and Medium Enterprises (Msme) in India in 2020 (in Trillion Indian Rupees)." Statista, Statista Inc., 10 Dec 2020, https://www.statista.com/statistics/1242920/india-credit-demand-for-msmes/
MicroSave Consulting, Estimated credit demand for micro, small, and medium enterprises (MSME) in India in 2020 (in trillion Indian rupees) Statista, https://www.statista.com/statistics/1242920/india-credit-demand-for-msmes/ (last visited April 25, 2024)
Estimated credit demand for micro, small, and medium enterprises (MSME) in India in 2020 (in trillion Indian rupees) [Graph], MicroSave Consulting, December 10, 2020. [Online]. Available: https://www.statista.com/statistics/1242920/india-credit-demand-for-msmes/