Bank-Led Credit for Enterprise in Kanyakumari, Tamil Nadu

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

Kanyakumari, Tamil Nadu · Pillar: Economic Participation

Kanyakumari's credit-deposit ratio stands at 185.1, better than the typical district. 69.8% of credit goes toward productive, non-personal use, better than the typical district. Bank-led credit in the district is the channel that turns local deposits into loans for business.

  • 185.1 India 77.5
  • 69.8% India 62.4%

Youth opportunity in Kanyakumari

69% of registered enterprises are in services while 31% are in manufacturing. Only 3% of employment is in small and medium enterprises. 92% of school-age children are enrolled in higher secondary school (classes 9–12).

In Kanyakumari, which ranks 6 of 38 in Tamil Nadu for youth opportunity, the overall opportunity score is 55 out of 100. It runs ahead of the national picture on bank branches per lakh people at 17.9.