Amid increasing focus by the Union government for the micro, small, and medium enterprises (MSME) sector, the finance ministry has set a target for total MSME credit outstanding across all public sector banks (PSBs) at ₹17.31 trillion for the financial year 2025-26 (FY26). This represents a projected increase of 19.5 per cent over the expected outstanding loans of ₹14.49 trillion for FY25, according to a senior government official.
As per the latest data sourced by Business Standard, the total MSME credit outstanding of PSBs as of February 28, 2025 stood at ₹13.04 trillion, reflecting a year-to-date (YTD) growth of 11.17