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MSME Loans Soar to Rs 46 Trillion But Growth Hits a Snag

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MSME Loans Soar to Rs 46 Trillion But Growth Hits a Snag

So, loans for micro, small, and medium businesses reached a whopping Rs 46 trillion by April 2026, marking a 12.8% increase from last year. But wait! Between December and April, growth slowed to just 3.1%, down from a lively 9.7%. Active loans took a hit, especially in manufacturing and trade, showing that global uncertainty is causing quite the ruckus.

few days ago | BS Reporter

Quick rundown

1.MSME loans reached Rs 46 trillion by April 2026.
2.Year-on-year growth hit 12.8% by April 2026.
3.Growth slowed significantly between December 2025 and April 2026.
4.Manufacturing and trade sectors are major contributors to MSME credit.
5.Global uncertainty impacts domestic MSME credit supply.

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