MSME Credit Tops ₹40 Trillion in FY25: CRIF High Mark
Why in the news
A CRIF High Mark report showed outstanding credit to Micro, Small and Medium Enterprises passing ₹40 trillion in FY25.
Key facts
- Growth: 20% YoY; level: over ₹40 trillion (March 2025).
- Drivers: stronger RBI Priority Sector Lending norms; credit guarantee schemes and ECLGS; digitalisation.
- Distribution: small exposure MSMEs (micro units or low-ticket loans) hold 40% of outstanding credit.
Implications
- MSMEs remain a pillar of credit growth and a gainer from financial inclusion.
- Slower new loan origination may reflect maturing portfolios, lender caution or demand shifts.
- Better asset quality supports further expansion without NPA stress.
Exam angle
- Report by CRIF High Mark, a credit information bureau.