World Bank Says Private Capital Is Reaching India’s Small Firms, Including Apparel Makers Shut Out by Banks

TCF POST News AnalysisThe World Bank Group says it is helping close India’s $333 billion small-business financing gap by bringing in private investors alongside its own lending. The Bank Group reports that the approach is reaching small suppliers, including many garment and textile units. The figures come from the World Bank's latest feature. Private capital mobilized in India with Bank Group involvement grew nearly fivefold in four years. It rose from about $3 billion in the 2022 fiscal year to $14.5 billion in fiscal 2026, and has unlocked a cumulative $36 billion across sectors. Some $9.6 billion of the private financing has gone to micro, small and medium enterprises (MSMEs) since 2022. The Bank Group says it has invested more than $3.5 billion to test new credit structures over that period and mobilized more than $8.5…