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  • Financial Express

MSME NPAs drop to 12.5% while disbursements jump 24%: SIDBI-TransUnion Cibil report

Credit and finance for MSMEs: Non-performing assets (NPAs) — loans overdue for 90 days and above — in the MSME sector across public and private banks and non-banking financial companies (NBFCs) for the second quarter ending September 30 of the current fiscal dropped to 12.5 per cent from 13.9 per cent during the second quarter of FY22 and 13 per cent during the first quarter of FY23. The total MSME credit exposure as of Q2 FY23 stood at Rs 25.4 lakh crore, growing from Rs 22.9 lakh crore during the year-ago period and Rs 24.5 lakh crore during Q1 FY23, according to the data shared in the latest edition of SIDBI-TransUnion Cibil MSME Pulse Report on Thursday.

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