Credit to MSEs up 5 times to Rs 1.23 lakh crore post GST: SBI study

Incremental credit to micro and small enterprises (MSEs) has increased five times to Rs 1.23 lakh crore in the post-GST period, an  SBI research report Tuesday. The credit growth to MSEs is quite stupendous post-GST, the report by SBI Ecowrap said. The  Goods and Services Tax (GST), which subsumed most of the indirect taxes, was rolled out in July 2017. For the 15-month period ended post…