Bank-Led Credit for Enterprise in Hazaribag, Jharkhand

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

Hazaribag, Jharkhand · Pillar: Economic Participation

Hazaribag's credit-deposit ratio stands at 46.1, behind the typical district. 59.3% 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.

  • 46.1 India 77.5
  • 59.3% India 62.4%

Youth opportunity in Hazaribag

78% of registered enterprises are in services while 22% are in manufacturing. Only 3% of employment is in small and medium enterprises. 66% of school-age children are enrolled in higher secondary school (classes 9–12).

In Hazaribag, which ranks 8 of 24 in Jharkhand for youth opportunity, the overall opportunity score is 46.3 out of 100. On bank branches per lakh people at 9.8, it sits close to the national mark.