Credit Saison India lifts secured-loan share toward 30% by FY27
In short
Credit Saison India is adding more secured loans to its MSME business. It wants secured loans to reach 30% of its book by FY27, and it says its current loan book is Rs 25,000 crore.
The company also plans to open more branches across India. The sources do not say how fast the change will happen or what it will do to profits or risk.
What the reporting says
Credit Saison India is expanding its MSME lending by increasing secured loans, especially in Tier 2 and Tier 3 towns, with secured loans targeted at 30% by the end of FY27. The company said its current loan book is Rs 25,000 crore and it plans to open more branches across the country. The source does not state the exact pace of growth or how the shift will affect credit quality or profitability.
Why it matters
Credit Saison India said it is widening its MSME lending mix by raising secured loans, with a goal of making them 30% of the loan book by FY27. The company said its current loan book is Rs 25,000 crore and that it plans more branches, especially to reach Tier 2 and Tier 3 towns. The reporting does not state the financial reason for the shift or the effect on growth and asset quality.