Prime Highlights-
- Maharashtra stays India’s largest micro business credit market at ₹4.07 lakh crore, with individual entrepreneur balances growing 18% a year.
- About 43.8 lakh Maharashtra entrepreneurs are positioned for enterprise-level financing, with 69% of them scoring above 730.
Key Facts-
- Maharashtra’s portfolio performance improved over three years, among the sharpest gains of any major state.
- Nationally, micro business entrepreneurs hold ₹29.6 lakh crore in commercial credit, with individual balances up 21% yearly.
Background-
Maharashtra remains India’s largest micro business entrepreneur (MBE) credit market, with outstanding balances close to ₹4.07 lakh crore as of June 2026, according to a joint study by TransUnion CIBIL and the National Small Industries Corporation Limited (NSIC).
Individual entrepreneurs drove much of the growth. Their balances rose at an 18% compounded annual rate over the past three years, while micro business balances rose 13%. Individual borrowing now plays a bigger part in funding business activity across the state.
About 43.8 lakh individual entrepreneurs in Maharashtra have yet to borrow as enterprises, and 69% of them hold CIBIL Scores above 730. Lenders could extend structured business financing to these entrepreneurs, though each loan would still follow the lender’s own policies and applicable rules.
Portfolio performance has strengthened over the last three years, and Maharashtra recorded one of the sharpest gains among major states. Private lenders and non-banking finance companies hold nearly 68% of individual business borrower balances.
Trade makes up 29% of micro business balances. Construction and transport-linked sectors grew at about 18% to 19% a year. Loans against property lead financing with a 40% share of MBE balances.
Across India, MBEs hold ₹29.6 lakh crore in outstanding commercial credit. Individual balances grew 21% a year, against 12% for micro businesses.
Bhavesh Jain, MD and CEO of TransUnion CIBIL, said lenders can build a fuller picture of entrepreneurs’ credit journeys and offer solutions that match their growing needs.