New Delhi, March 19 -- Micro, Small and Medium Enterprises (MSMEs) credit demand is likely to remain strong, even as structural constraints in access to finance persist, according to a joint report by ICRA Limited and the Associated Chambers of Commerce and Industry of India (ASSOCHAM).
The report projects overall credit expansion at Rs 25.0 26.0 trillion in FY2025-26, reflecting a growth of 13.7 14.3 per cent year-on-year (YoY). MSMEs, along with retail segments, are expected to drive incremental lending, supported by improving economic activity, stronger balance sheets, and continued formalisation.
It notes that MSMEs remain central to Indias economic structure, contributing significantly to employment, entrepreneurship, and regional ...