Banks in Odisha have advanced loans of over Rs 20,000 crores to MSMEs: SLBC
Updated: Sep 01, 2015 01:04:15pm
Bhubaneswar, Sept 1 (KNN) In Odisha, the outstanding loans to the MSME sector by the end of June 2015 stood at Rs 20628.60 crore as compared to Rs 19491.74 crore in June 2014, according to data collated by the State Level Bankers' Committee (SLBC).
The outstanding balance include Rs 3432.24 crore advanced to the medium enterprises through 1914 accounts while the credit outstanding to the micro and small enterprises (MSEs) at the end of June quarter stood at Rs 9120.16 crore and Rs 8076.20 crore respectively, reports media.
The public sector banks have lent Rs 16360.39 crore while the private sector banks advanced Rs 2565.05 crore credit as on June 2015.
Lending by regional rural banks and co-operative banks to MSME sector stood at Rs 1616.56 crore and Rs 86.60 crore respectively.
In the first quarter of this fiscal, banks have advanced Rs 1860.19 crore through 46911 accounts. The credit flow to the small and medium units for the quarter was Rs 861.36 crore and Rs 110.30 crore respectively. The banks have advanced Rs 888.53 crore to the micro enterprises during the April-June quarter.
The banks having operations in the state have extended loans of Rs 213.36 crore to MSEs during the quarter under Credit Guarantee Fund Trust for Micro & Small Enterprises (CGTMSE), the media report adds. (KNN Bureau)
The outstanding balance include Rs 3432.24 crore advanced to the medium enterprises through 1914 accounts while the credit outstanding to the micro and small enterprises (MSEs) at the end of June quarter stood at Rs 9120.16 crore and Rs 8076.20 crore respectively, reports media.
The public sector banks have lent Rs 16360.39 crore while the private sector banks advanced Rs 2565.05 crore credit as on June 2015.
Lending by regional rural banks and co-operative banks to MSME sector stood at Rs 1616.56 crore and Rs 86.60 crore respectively.
In the first quarter of this fiscal, banks have advanced Rs 1860.19 crore through 46911 accounts. The credit flow to the small and medium units for the quarter was Rs 861.36 crore and Rs 110.30 crore respectively. The banks have advanced Rs 888.53 crore to the micro enterprises during the April-June quarter.
The banks having operations in the state have extended loans of Rs 213.36 crore to MSEs during the quarter under Credit Guarantee Fund Trust for Micro & Small Enterprises (CGTMSE), the media report adds. (KNN Bureau)
Loading...
