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HDFC Bank MSME loan book in Rajasthan crosses Rs. 13,000 crores in Advances

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16 Nov, 21 10:08
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HDFC Bank MSME loan book in Rajasthan crosses Rs. 13,000 crores in Advances

Udaipur:HDFC Bank’s MSME loan book in Rajasthan has crossed the milestone of Rs. 13,000 crore. As of September 30, 2021, the bank’s Micro, Small, and Medium Enterprises (MSME) loan book for Rajasthan stands over Rs. 13,000 crore. HDFC Bank’s MSME loan book in Rajasthan has grown 27 per cent in September 30, 2021, vis-à-vis quarter-ended September 30, 2020. Under Government’s ECLGS scheme, HDFC Bank has disbursed advances to over 4,900 MSME units in the state of Rajasthan. HDFC Bank started offering advances to MSMEs in Rajasthan in the year 2006. In the last 15 years in the state, the Bank has offered advances and supported growth plans of close to 50,000 (50,040) enterprises. These enterprises demonstrate the spirit of entrepreneurship that form the backbone of economic growth in more than 141 cities and towns covering 33 districts, of the state of Rajasthan.


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