MSME SECTOR SEES CONTINUED GROWTH AS NPAS DECLINE SHARPLY OVER THE PAST 5 YEARS

India, March 11 -- The Government of India issued the following news release:

The total advances outstanding to MSME sector has consistently increased over the last five years. The gross NPAs and gross NPA ratio of MSME Sector have continuously decreased during the same period. Further, as per the provisional data of FY 2025 i.e. till 31.12.2024, furnished by RBI, both Gross NPAs and Gross NPA ratio of MSME Sector decline.

Data on total advances outstanding-funded, gross NPAs and Gross NPA ratio, of Scheduled Commercial Banks (SCBs) in MSME sector is provided below.

Table Omitted (The document can be viewed at https://pib.gov.in/PressReleasePage.aspx?PRID=2110403)

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