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<root>
    <author>ENA</author>
    <category>MSME</category>
    <date>2022-01-12 08:22:41</date>
    <fulldesc>&lt;p&gt;&lt;strong&gt;Mumbai, 12 Jan (KNN)&lt;/strong&gt; After the deadline for implementation of the latest RBI restructuring plan which ended in December, banks are monitoring their MSME portfolio to identify signs of stress. &lt;/p&gt;&#13;
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&lt;p&gt;Owing to the economic disability, MSMEs debt has increased on a higher level as compared to large companies. &lt;/p&gt;&#13;
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&lt;p&gt;As per RBI data, MSME loans worth INR 51,467 crore were restructured in May 2021 followed  by January 2019, February and August 2020.&lt;/p&gt;&#13;
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&lt;p&gt;For restructuring, MSME loans worth INR 1.16 lakh crore or about 7.67% of the eligible loans, are at various stages.&lt;/p&gt;&#13;
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&lt;p&gt;On this the bankers pointed out that there were already signs of stress with some loans overdue for more than 30 days but still not slipped into NPAs.&lt;/p&gt;&#13;
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&lt;p&gt;They have said that the incremental stress will come from MSMEs as they were drastically hit by the pandemic. &lt;/p&gt;&#13;
</fulldesc>
    <id>28080</id>
    <link>https://knnindia.co.in/news/newsdetails/msme/msmes-debt-higher-than-big-companies-banks-flag-stress-sign</link>
    <pubDate>2022-01-12 08:22:41</pubDate>
    <source>knnindia.co.in</source>
    <title>MSMEs debt higher than big companies; banks flag stress sign</title>
</root>
