Bank-Led Credit for Enterprise in Sri Potti Sriramulu Nellore, Andhra Pradesh

Not one office: every bank branch in the district carries MUDRA, PMEGP, and Stand-Up India loans for small enterprises.

Sri Potti Sriramulu Nellore, Andhra Pradesh · Pillar: Economic Participation

Sri Potti Sriramulu Nellore's credit-deposit ratio stands at 232.5, better than the typical district. 60.7% of credit goes toward productive, non-personal use, close to the typical district. Bank-led credit in the district is the channel that turns local deposits into loans for business.

  • 232.5 India 77.5
  • 60.7% India 62.4%

Youth opportunity in Sri Potti Sriramulu Nellore

79% of registered enterprises are in services while 21% are in manufacturing. Only 6% of employment is in small and medium enterprises. 69% of school-age children are enrolled in higher secondary school (classes 9–12).

In Sri Potti Sriramulu Nellore, which ranks 13 of 27 in Andhra Pradesh for youth opportunity, the overall opportunity score is 47.3 out of 100. It runs ahead of the national picture on bank branches per lakh people at 15.