MSME Credit Growth Steady, Risk Profile Improves: CRIF High Mark

• MSME credit in India shows steady growth and improved risk profile, according to a CRIF High Mark report.
• Total MSMEx credit exposure reached Rs 43.3 lakh crore by Sept 2025, growing 17.8% year-on-year.
• Lending is shifting towards larger ticket sizes, with small and medium enterprises increasing their share of overall exposure.
• PSU banks lead micro-enterprise lending, while private banks dominate small and medium segments; NBFCs are expanding their presence.
• Maharashtra remains the largest MSME credit market, with Uttar Pradesh and Telangana reporting the fastest growth.

Why It Matters: Improved MSME credit health boosts India's economic stability and growth.