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Bloomberg Quint

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Image Credit: Bloomberg Quint

Rising Delinquencies In MSME Loans Spark Concerns For NBFCs

  • MSME sector shows cracks in credit health with rising delinquencies in low-ticket loans.
  • NBFC small business loans overdue for 90+ days increased to 1.9% from 1.3% a year ago.
  • Overleveraging by borrowers and lending shifts contribute to the alarming trend.
  • MSME lending portfolio at Rs 4.4 lakh crore, expected to touch Rs 5.3 lakh crore.

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