MSME bad loans for banks may rise to 11% by March 2024: Crisil

Crisil Ratings stated that gross NPAs (GNPA) in the MSME segment may rise to around 10-11% by March 2024. It added that the MSME segment saw a restructuring at around 6%, and about a fourth of these accounts could potentially slip into NPAs. GNPA in the MSME segment was approximately 9.3% as on March 31, 2022.