Focus on Indian Metals & Metal Products Industry up to September 2021
The fifth edition of the quarterly report by CRIF & SIDBI Industry Spotlight focuses on the Indian Metals & Metal Products Industry.
The key observations of the report are:
- The total credit taken out by the sector by value stood at ₹ 201.7k crore, and by volume or the number of active loans at 146.1k as of September 2021
- Public sector banks are dominant in providing finance to the sector with a share of 43.7% by volume as of September 2021, private banks 37.6%, NBFCs 11.7%, foreign banks 2.1%, and others 4.9%
- The total number of loans disbursed in FY 2021-22 (until September) stood at 27.8k
- The top 17 regions rich in Metals & Metal Products manufacturing constitute 76% of the credit portfolio of the sector as of September 2021