The impression of the Covid-19 pandemic ache is likely to push the stressed assets — unhealthy loans plus restructured credit score — within the micro, small enterprise (MSME) pool to 17-18 per cent by March 2022, from 14 per cent in March 2021, in accordance to CRISIL.
Krishnan Sitaraman, Senior Director and Deputy Chief Ratings Officer, CRISIL Ratings, stated: “The retail and MSME segments, which collectively type 40 per cent of financial institution credit score, are anticipated to see larger accretion of NPAs and stressed assets this time round.”
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