Bank-Led Credit for Enterprise in Kannur, Kerala

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

Kannur, Kerala · Pillar: Economic Participation

Kannur's credit-deposit ratio stands at 62.1, behind the typical district. 53.3% of credit goes toward productive, non-personal use, behind the typical district. Bank-led credit in the district is the channel that turns local deposits into loans for business.

  • 62.1 India 77.5
  • 53.3% India 62.4%

Youth opportunity in Kannur

79% of registered enterprises are in services while 21% are in manufacturing. Only 5% of employment is in small and medium enterprises. 100% of school-age children are enrolled in higher secondary school (classes 9–12).

In Kannur, which ranks 7 of 15 in Kerala for youth opportunity, the overall opportunity score is 56.7 out of 100. It runs ahead of the national picture on bank branches per lakh people at 16.5.