Medium risk tier approval rate of MSMEs India Q4 FY 2020-Q4 FY 2022, by lender type

Published by
Manya Rathore,
Dec 14, 2023
An increasing approval rate of medium risk tier MSMEs by private banks in India was recorded over the quarters from financial year 2020 to 2022. The public sector banks had an approval rate of 28 percent for medium risk tier enterprises in the fourth quarter of financial year 2022.

Medium risk tier approval rate of MSMEs in India from 4th quarter of financial year 2020 to 2022, by lender type

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Release date

August 2022

Region

India

Survey time period

Q4 FY 2020 to Q4 FY 2022

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2021 started in April 2020 and ended in March 2021.

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