The mortgage portfolio excellent of micro, small and medium enterprises (MSMEs) rose to Rs 22.7 lakh crore, a rise of 36 per cent over the pre-pandemic degree in March 2020 and 18 per cent over March 2021.
According to CRIF High Mark, a credit score data bureau, as of March 2022, there have been 137.4 lakh lively loans for the MSME sector, a rise of seven per cent from March 2021 and a 43 per cent enhance from March 2020. Portfolio in danger (PAR) for 91-180 days late (DPD) improved from 1.6 per cent as of March 2021 to 1.3 per cent as of March 2022.
It stated PAR for 181-360 days held regular at 0.3 per cent. As of March 2022, PAR for 360 days late was at 2.2 per cent, bettering from 2.5 % as of March 2021, it stated.
Navin Chandani, MD & CEO, CRIF High Mark, stated, “The fact that total loans disbursed to MSMEs has increased by nearly 50 per cent compared to pre-pandemic levels is a clear indication that the lending community is actively supporting the resilience and regrowth of this sector. We will continue to publish rich data & insights to benefit the lending ecosystem for small businesses.”
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At 51.5 lakh accounts, complete loans disbursed in FY22 represented a 47 per cent enhance over FY20. From Rs 37.7 lakh in FY20 to Rs 72.4 lakh in FY 21–22, the typical ticket dimension of MSME loans elevated by 92 per cent, it stated.
Crif High Mark stated the small borrower phase had the very best market share by originations worth in FY22 at 28.5 per cent, adopted by Mudra phase at 26.2 per cent. By originations quantity, Mudra borrower phase had the largest market share in FY22 at 57.7 per cent, adopted by micro phase at 21.2 per cent.
The market share by originations worth of personal banks considerably elevated from 33.6 per cent in FY20 to 69.8 per cent in FY22, the bureau stated. Their share climbed from 26.9 per cent in FY20 to 33.5 per cent in FY22 by originations quantity. This is attributable to the rise in common ticket dimension of personal banks from Rs 47.1 lakh to Rs 150.5 lakh from FY20 to FY22. Public sector banks and NBFCs confirmed a decline in market share throughout this era.
The common ticket dimension for PSU banks in FY22 was Rs 28.6 lakh, NBFCs Rs 32.1 lakh, overseas banks Rs 502.6 lakh and different lenders Rs 26.1 lakh, it stated.
Geographically, the highest 10 States account for 90 per cent of originations worth in FY22. The prime 3 states Maharashtra, Tamil Nadu, and Delhi, make up 64 per cent of the whole originations worth in FY22.
According to originations quantity, Maharashtra, Tamil Nadu, and Uttar Pradesh are the highest 3 states and with a mean ticket dimension of Rs 256.5 lakh in FY22. Maharashtra has the most important MSME mortgage portfolio.
