NPA rate of MSMEs in India 2019-2021
As of March 2021, medium enterprises in India had an non-performing asset (NPA) rate of 16.8 percent. This was a significant decrease from nearly 18 percent in June 2020. Nevertheless, it was by far the highest rate among the micro, small, and medium enterprises (MSME) sector.
Non-performing assets are those loans or advances that cannot or are not expected to be returned.
Non-performing assets are those loans or advances that cannot or are not expected to be returned.
