There is a huge paradox in SME lending in India observes Piyush Khaitan, indicating that even as there is a vast underserved market, lending companies struggling to reach out to the SMEs. He forecasts a consolidation among lenders as there is a space for 20-25 companies to succeed in the SME lending business. Khaitan also identifies business growth of the customer, ownership of the land to understand the risk and capacity of customer to repay the loan.