Hindustan Times, New Delhi | By Rajeev Jayaswal
UPDATED ON DEC 04, 2019 09:39 AM IST
The loans push is part of the government’s efforts to revive demand in a slowing economy. Data released on Friday showed that the economy expanded by 4.5% in the second quarter (ending September 30) of 2019-2020, the lowest rate of growth since March 2013.
Bloomberg | By Mihir Sharma
UPDATED ON MAY 17, 2018 07:22 PM IST
Most small and medium enterprises are still dependent on bank credit -- particularly from state-owned banks, since private-sector banks tend to avoid lending to companies.