Question
What was the Gross NPA ratio of the MSME sector in
Scheduled Commercial Banks (SCBs) in FY 2024?Solution
As per the Ministry of Finance and RBI provisional data for FY 2025 (till 31.12.2024), the Gross NPA ratio for the MSME sector in SCBs fell sharply from 11% in FY 2020 to 4% in FY 2024, indicating improved loan performance.
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