New Delhi, Dec 8 || India’s micro, small, and medium exposure businesses (MSMEx) credit exposure up to Rs 100 crore stood at Rs 43.3 lakh crore in September, up 17.8 per cent year‑on‑year and flat on sequential basis, a report said on Monday.
Active loans grew 5.7 per cent YoY to 192.9 lakh, the report from CRIF High Mark said, highlighting a portfolio growth that is outpacing borrower expansion and a shift toward larger ticket lending and maturing customer profiles.
Small businesses made the highest increase in share of exposure to 39.5 per cent from 38.4 per cent a year earlier.
The medium segment followed a similar trend, increasing its share from 22.5 per cent to 23.1 per cent, and posting steady sequential growth. Micro enterprises still account for most active loans at 86.4 per cent, though their overall exposure remained stable this quarter.
Portfolio quality continued to strengthen, with overall MSMEx Portfolio at Risk (PAR) 91–180 days at 1.6 per cent in September 2025, marking an improvement over the previous quarter. More borrowers have moved into the Very Low and Low Risk categories across all segments.