SIDBI & CRIF High Mark release ‘Small Business Spotlight’ Report 2025: Maharashtra leads with ₹6 lakh crore, UP posts 20.7% YoY growth.

The Small Industries Development Bank of India (SIDBI) and CRIF High Mark recently released the “Small Business Spotlight” report in September 2025, presenting detailed insights into India’s small business lending landscape.

      - The top five states—Maharashtra, Tamil Nadu, Gujarat, Uttar Pradesh, and Karnataka—accounted for nearly half of the national small business portfolio. Districts like Mumbai, Delhi, and Bengaluru dominated the portfolio, while Jaipur and Ahmedabad showed the highest year-on-year growth.

      - Uttar Pradesh recorded the highest growth in outstanding portfolio, indicating stronger credit expansion in northern India. The report also highlighted that small business credit is still primarily driven by sole proprietors, though enterprises are showing higher growth momentum.

      - Sole proprietors with entity presence registered the fastest borrower expansion, suggesting growing formalization in small business financing. Enterprises, on the other hand, led in portfolio growth, reflecting increased institutional borrowing.

Main Point :-   (i) Maharashtra ₹6.0 lakh crore, Tamil Nadu ₹4.21 lakh crore, Gujarat ₹3.69 lakh crore, Uttar Pradesh ₹3.61 lakh crore, Karnataka ₹3.18 lakh crore — together 46% of India’s total portfolio (June 2025).

      (ii) Mumbai (4.4%), Delhi (3.8%), Bengaluru (3.0%) led in portfolio size; Jaipur (19.1% YoY) and Ahmedabad (19.0% YoY) registered the fastest growth.

(iii) Sole proprietors – 75% of outstanding credit & 85% of active loans; Enterprises – highest portfolio growth at 24.7% YoY; Sole proprietors with entity presence – fastest borrower growth at 9.3% YoY.
About Small Industries Development Bank of India (SIDBI)