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flag India’s MSME credit exposure hit ₹43.3 lakh crore by Sept 2025, up 17.8% YoY, with improved loan quality and strong growth in small enterprises.

flag India’s MSME credit exposure reached ₹43.3 lakh crore by September 2025, a 17.8% year-on-year increase, with small enterprises leading growth at 39.5% of total exposure. flag Portfolio quality improved, with loans 91–180 days overdue falling to 1.6%. flag PSU banks dominate micro-enterprise lending, while private banks lead in small and medium segments. flag NBFCs expanded their share across all categories. flag Maharashtra leads in total exposure at ₹7 lakh crore, with Uttar Pradesh and Telangana seeing the fastest quarterly growth.

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