Volume 13 | Issue 4
Volume 13 | Issue 4
Volume 13 | Issue 4
Volume 13 | Issue 4
Volume 13 | Issue 4
Micro, Small and medium enterprises have emerged as a highly vibrant and dynamic sector of the Indian economy. Micro small and medium enterprises constitute the backbone of an economy in maintaining an appreciable growth rate and in generating employment opportunities. The contribution of the sector in employment was 1109.89 in 2015-2016. Growth rate of overall industrial sector was 16.36 %, whereas growth rate of MSME sector was 20.38% in 2017-2018. MSME sector contribute 30 percentage in overall GDP growth in 2020-2021. This study makes an attempt to focus on the growth potential of the MSMEs and credit flow of public, private and foreign bank to MSME sector. The study found that public sector bank held the highest share in MSMEs lending.