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MSME Lending Projected to Reach Rs 2.4-2.6 Lakh Crore in H2 2026, NBFCs Gain Share

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MSME Lending Projected to Reach Rs 2.4-2.6 Lakh Crore in H2 2026, NBFCs Gain Share

Analysed 23 Sept 2026·2 sources analysed·India·Business
MSME Lending Projected to Reach Rs 2.4-2.6 Lakh Crore in H2 2026, NBFCs Gain SharePreviousNext

FlexiLoans' MSME Pulse report projects lending to small businesses in India to reach Rs 2.4-2.6 lakh crore during July-December 2026, driven by a stronger consumption cycle, a compressed festive calendar, and growth in digital commerce in non-metro areas. The overall MSME credit portfolio is expected to exceed Rs 50 lakh crore by December 2026. Non-banking financial companies (NBFCs) are increasingly dominant in small-ticket unsecured loans, holding significant shares across various loan sizes. Online festive shopping is also projected to grow, with 180-185 million shoppers and a 25% rise in gross merchandise value.

Sentiment
72%
TBN's observations

First-hand measurement across 2 sources

We measured how 2 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is positive (72/100). Lens Score 41/100.

Outlets measured: businessstandard, economictimes. See how each one headlined and framed the same story in the source comparison below.

AI analysis of 2 sources · Published under editorial oversight by The Balanced News
Analysed 23 Sept 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Sentiment — Positive (72/100)

Sentiment was consistent across outlets (70–74/100), indicating broadly factual reporting rather than editorialising.

Coverage timeline

economictimes broke this story on 23 Sept, 07:23 am. Other outlets followed.

23 Sept, 07:23 am2 sources · 8 h23 Sept, 02:53 pm
AI analysis by the TBN Bias Engine · beat methodology byMrunal Wange· Business & Economy Editor· editorial standards byOjas Kale
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1
economictimes23 Sept, 07:23 am
MSME lending opportunity seen at Rs 2.4-2.6 lakh crore in H2 2026: FlexiLoans Report
  • 2
    businessstandard23 Sept, 02:53 pm
    MSME lending may reach 2.6 trillion in July-December 2026: FlexiLoans
  • Who's involved

    Institutions and figures named across source coverage.

    Corporate
    FlexiLoans.com

    Story context

    Category
    Business
    Location
    India
    Sources analysed
    2
    Last analysed
    23 Sept 2026
    Key entities
    Small and medium-sized enterprisesIndian rupeeNon-bank financial institutionDigital economyLakhUnderwritingJainismPublic sectorFinanceCroreIndiaGoods and Services Tax (India)