ENA MSME 2022-09-02 10:12:46 <p><span style="font-size:14px"><strong>New Delhi, Sept 2 (KNN) </strong>The central government has asked the heads of public sector banks (PSBs) to focus on increasing its loan share in the retail and MSME segment.</span></p> <p><span style="font-size:14px">PSBs are also leveraging digitisation to improve their retail and MSME advances, reported The Hindu Business Line (HBL).</span></p> <p><span style="font-size:14px"><strong><a href="https://bit.ly/3B9mZSj"><img alt="FOLLOW US on GOOGLE NEWS" src="https://knnindia.co.in//uploads/gallery/GoogleNews.jpg" style="border-style:solid; border-width:1px; height:95px; margin:1px; width:299px" /></a></strong></span></p> <p><span style="font-size:14px">The Finance Ministry wants PSBs to regain market share in credit they lost to private sector banks (PVBs) amid a pick-up in credit in the banking system.</span></p> <p><span style="font-size:14px">Over the last 10 years state-owned banks have been losing market share to Nifty PVBs.</span></p> <p><span style="font-size:14px">PSBs will be focussing on pre-approved product offerings for retail customers and cash-flow based underwritten offers to MSME customers. <em><strong>(KNN Bureau)</strong></em></span></p> 30399 https://knnindia.co.in/news/newsdetails/msme/govt-asks-public-sector-banks-to-prioritise-expanding-retail-and-msme-advances 2022-09-02 10:12:46 knnindia.co.in