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MSME bad loans for banks may rise to 11% by March 2024: Crisil
short by Ambarish Awale / on Wednesday, 21 September, 2022
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.
read more at Financial Express