According to the study conducted by credit bureau CRIF High Mark, the loan disbursed to MSME sector grew by a massive 182% in FY22 to Rs 37 trillion.
In terms of value, the loan disbursal of private banks increased from 33.6% in FY20 to 69.8% in FY22. Share of private banks increased from 26.9% in FY20 to 33.5% in FY22 in volume terms.
Top 3 states (value): Maharashtra, Tamil Nadu, and Delhi
Top 3 states (volume): Maharashtra, Tamil Nadu, and Uttar Pradesh.