Institutional Finance accounts for approximately 92% of total outstanding portfolio at the end of FY 2021.
Outstanding portfolio under Institutional Finance stood at ₹1,44,628 crore at the end of FY 2021, a decline of 6.9% as compared to ₹1,55,429 crore at the end of FY 2020.
Under RBI SLF of ₹15,000 crore, the Bank focused on assisting lower rated NBFCs and MFIs to address the liquidity crunch. The position at the end of FY 2021:
RBI has provided SLF-II of ₹15,000 crore to the Bank, to address the liquidity & credit needs of MSME sector for FY 2022 and SLF-III of ₹16,000 crore, for innovative schemes to meet short and medium-term needs of the MSME sector, especially smaller MSMEs in credit-deficient and aspirational districts.
During FY 2021, the Bank focused on ensuring uninterrupted flow of credit to MSMEs, especially to those engaged in fighting the pandemic, and in implementation of relief measures announced by RBI.
Entered in Credit Delivery Arrangements with 58 Machinery Suppliers and six Industry Associations to accelerate credit delivery to MSMEs.
Entered in partnership with three OEMs in the solar power sector to give impetus to adoption of clean energy by MSMEs.
Sanctions and disbursements under new products during FY 2021 have been to the tune of approx. ₹2,900 crore (5,738 customers) and ₹2,522 crore (5,122 customers) respectively.