[ad_1] The Indian market closed in the red for the second consecutive day on Tuesday following sluggish global cues. The S&P BSE Sensex was down over 150 points while the Nifty 50 closed below the 15,800 level. In the sector, selling pressure was witnessed in energy, oil & gas, auto, finance and metal stocks, while buying was witnessed in realty, capital goods, power and utilities. The stocks that were in focus included names like Which was down about 6 percent, increased by more than 5 percent, and which rose about…
Tag: enterprises
Bank credit to micro, small enterprises grew nearly 20% in April compared to a year ago: RBI data
[ad_1] Loans and Finance for MSMEs: Bank credit to micro and small enterprises (MSEs) continued to improve in April 2022. Gross bank credit posted to MSEs during the month grew 19.7 per cent to Rs 14.08 lakh crore from Rs 11.77 lakh crore in April 2021, the latest figures from the Reserve Bank of India (RBI) show.reserve Bank of India) Shown on regional deployment of bank credit. The year-on-year (YoY) growth during March stood at 10.6 per cent as compared to 8.4 per cent in February and 4.8 per cent…