MSME credit demand at pre-covid levels in smaller cities; metros lag2 min read . Updated: 13 Jun 2022, 06:14 AM IST
- Bengaluru and Chennai were exceptions among metros, with demand at 124% and 102% of pre-covid levels
After three waves of the coronavirus pandemic, small enterprises in smaller cities are borrowing as before, but not so much in metropolises. According to a survey by digital lender NeoGrowth Credit, loan demand from micro, small and medium enterprises (MSMEs) was back to 99% of pre-pandemic levels in non-metro cities by March 2022 but just 81% in metros.
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