YES Bank, private sector lender is planning to focus on micro, small and medium enterprise (MSME) portfolio, with aims grow by Rs 500 crore in the January-March quarter. The private sector lender is likely to end the financial year with a MSME loan portfolio of Rs 7,000 crore against the target of Rs 7,500 crore, due to pressure on the bad loans front across the banking sector.
At present, the mid-sized bank’s MSME portfolio stands at around 15% of the total loan book. The total loan book stood at Rs 43,856 crore as on December 31, 2012.