Overview
- CRIF High Mark reports MSME exposure at ₹43.3 lakh crore in September 2025, up 17.8% year on year and essentially flat versus June.
- Active loans rose 5.7% to 192.9 lakh, indicating portfolio growth outpacing borrower expansion and a tilt toward larger ticket sizes.
- Small and medium enterprises increased their exposure shares to 39.5% and 23.1% respectively, while micro borrowers still comprise 86.4% of loan accounts.
- PSU banks remain the main lenders to micro enterprises at 36.3% as private banks lead small and medium segments at 46.4% and 47%, with NBFCs expanding across all categories.
- Portfolio quality improved with PAR 91–180 days at 1.4% in September from 1.7% in June, even as exposure is concentrated with 22% to borrowers holding 3–5 loans and about 30% to those with six or more.