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Economy News Details

Sidbi pegs MSME credit at Rs 62,000 cr in FY13

Virendra Singh Rawat/Lucknow 26 Jul 12 | 12:04 AM

Small Industries and Development Bank of India (Sidbi) has projected 17 per cent growth in micro, small and medium enterprises (MSME) lending at Rs 62,000 crore during the current financial year. During 2011-12, Sidbi’s outstanding credit to the sector stood at Rs 53,785 crore.

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