For cooperative banks rooted in local economies, these numbers translate into a real opportunity. This may result in cheaper credit for farmers, MSMEs and underserved households; increased working-capital flow for small enterprises; and expansion of formal banking to rural and low-income segments.

The supportive macro-context enables us to widen credit access across urban, semi-urban markets and hinterlands, empower small businesses, industries and households, and contribute to a more resilient, broad-based growth cycle.” – Ravinder Singh, MD, SVC Bank.

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