 "MSME stressed assets likely to touch 18% by March 2022, says CRISIL")
The impact of the Covid-19 pandemic pain is likely to push the stressed assets — bad loans plus restructured credit — in the micro, small enterprise (MSME) pool to 17-18 per cent by March 2022, from 14 per cent in March 2021, according to CRISIL.
For the retail credit, rise in stressed assets is pegged at 4-5 per cent in March 2022 from 3 per cent estimated in March 2021.
Krishnan Sitaraman, Senior Director and Deputy Chief Ratings Officer, CRISIL Ratings, said: “The retail and MSME segments, which together form 40 per cent of bank credit, are expected to see higher accretion of NPAs and stressed assets this time around."
For the retail credit, rise in stressed assets is pegged at 4-5 per cent in March 2022 from 3 per cent estimated in March 2021.
Krishnan Sitaraman, Senior Director and Deputy Chief Ratings Officer, CRISIL Ratings, said: “The retail and MSME segments, which together form 40 per cent of bank credit, are expected to see higher accretion of NPAs and stressed assets this time around."
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