According to a survey conducted by NeoGrowth among its customer base, the credit demand of MSMEs in the south Asian country of India decreased to 94 percent post coronavirus first wave in March 2021 from that of pre-COVID-19 phase in February 2020. However, MSMEs' credit demand were lower during post omicron phase of coronavirus pandemic in March 2022.
Share of MSMEs with credit demand in India during COVID-19 pandemic between February 2020 to March 2022
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Neogrowth. (June 13, 2022). Share of MSMEs with credit demand in India during COVID-19 pandemic between February 2020 to March 2022 [Graph]. In Statista. Retrieved January 08, 2025, from https://www.statista.com/statistics/1364211/india-share-of-msme-witth-credit-demand-during-covid-19/
Neogrowth. "Share of MSMEs with credit demand in India during COVID-19 pandemic between February 2020 to March 2022." Chart. June 13, 2022. Statista. Accessed January 08, 2025. https://www.statista.com/statistics/1364211/india-share-of-msme-witth-credit-demand-during-covid-19/
Neogrowth. (2022). Share of MSMEs with credit demand in India during COVID-19 pandemic between February 2020 to March 2022. Statista. Statista Inc.. Accessed: January 08, 2025. https://www.statista.com/statistics/1364211/india-share-of-msme-witth-credit-demand-during-covid-19/
Neogrowth. "Share of Msmes with Credit Demand in India during Covid-19 Pandemic between February 2020 to March 2022." Statista, Statista Inc., 13 Jun 2022, https://www.statista.com/statistics/1364211/india-share-of-msme-witth-credit-demand-during-covid-19/
Neogrowth, Share of MSMEs with credit demand in India during COVID-19 pandemic between February 2020 to March 2022 Statista, https://www.statista.com/statistics/1364211/india-share-of-msme-witth-credit-demand-during-covid-19/ (last visited January 08, 2025)
Share of MSMEs with credit demand in India during COVID-19 pandemic between February 2020 to March 2022 [Graph], Neogrowth, June 13, 2022. [Online]. Available: https://www.statista.com/statistics/1364211/india-share-of-msme-witth-credit-demand-during-covid-19/