Bank-Led Credit for Enterprise in Phek, Nagaland

Pillar: Economic Participation

Phek's credit-deposit ratio stands at 145.5, better than the typical district. 20.2% 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.

Youth opportunity in Phek

53% of registered enterprises are in services while 47% are in manufacturing. Only 30% of school-age children are enrolled in higher secondary school (classes 9–12).

In Phek, which ranks 10 of 17 in Nagaland for youth opportunity, the overall opportunity score is 48.9 out of 100. It trails the national picture on bank branches per lakh people at 3.7.

Mandated services and how to locate the Bank-Led Credit for Enterprise in Phek are in the Phek district course and the English reference guide (Hindi). See the Phek youth opportunity scorecard for the full district picture.