Philippine Times

yesterday

Manila, Philippines

MSME loan growth decelerates to 13% amid global headwinds; ECLGS 5.0 slated to cushion impact: Report

New Delhi [India], June 12 (ANI): Global uncertainty has started to drag micro, small, and medium enterprise (MSME) activities, with loan growth decelerating to 13 per cent year-on-year in April 2026 compared to 20 per cent in December 2025, according to a report by IIFL Capital. However, the Emergency Credit Line Guarantee Scheme (ECLGS) is expected to cushion the impact, as past schemes had improved credit activity,

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