77% of CMSME entrepreneurs lack access to bank loans: SME Foundation
According to the SME Foundation, a vast majority of CMSME entrepreneurs in the country are unable to secure bank financing.
The Business Standard3 August 2026, 7:55 PM1 readsAMP
Data from the SME Foundation reveals that a significant portion of cottage, micro, small, and medium enterprises (CMSMEs) face challenges in accessing bank loans. The report indicates that only 9% of these entrepreneurs successfully obtain direct bank financing. Additionally, 14% of businesses manage to secure funding through microfinance institutions. Consequently, 77% of CMSME entrepreneurs remain without access to traditional bank loans.
