Newsroom TransUnion CIBIL


Mumbai, 10th August 2023: Insights from the latest edition of the TransUnion CIBIL-SIDBI MSME Pulse Report show that commercial1 credit growth momentum continues with portfolio balance growth of 15% year-over-year (YoY) in FY 23-Q4. Commercial credit exposure stood at INR 27.7 lakh crores in the quarter, which includes new originations of INR 241K crore. Insights show that commercial credit demand (measured in terms of credit inquiry volumes) is correlated to the improvement in business activity and grew by 33%, while credit supply volume grew by 11% YoY. Credit supply volumes in micro and small segments grew by 16% and 1% respectively, while the medium segment declined by 8%.

Speaking on the findings of this edition of the MSME Pulse, Mr. Sivasubramanian Ramann, Chairman and Managing Director, SIDBI, said: “The progressive reforms in...