 "loans, restructuring, recast, debt, moratorium, credit, lending, banks")
On the back of increased penetration, the quarterly loan disbursals to the Micro, Small and Medium Enterprises (MSMEs) in India have doubled in the last two years, data from a new report showed. From Rs 1.58 trillion in the Jan-March quarter of 2019-20 (Q4FY20), the disbursal amount crossed Rs 3.03 trillion in Q3FY22 and Rs 3.25 trillion in Q4FY22.
The demand for MSME debt was highest in Maharashtra, which accounted for 20 per cent of the total demand in India.
The disbursals have been led by increased penetration as the approval rate for medium risk loans remained stagnant between FY21
