Wed, Dec 28, 2022
The loans disbursed by banks under microfinance institutions witnessed a growth of more than 65 per cent between 2018-19 and 2021-22, the official RBI data showed.
More >
Tue, Apr 23, 2019
The microfinance industry may need an external capital of Rs 3,500-4,700 crore over the next three years.
Mon, Aug 21, 2017
ICRA said, "The Indian micro loan sector with a size of around Rs 1.7 lakh crore as on March 31, 2017, has grown at a healthy compounded annual growth rate of 32% during FY2013-2016. Of this NBFC-MFIs, Small Finance Banks (SFBs) and Banks (excluding the SHG Bank linkage programme) had grown at a much faster pace of 57%. However, the growth trajectory for NBFC-MFIs/SFBs and banks changed post-demonetisation with the portfolio growth slowing down from 72% in FY2016 to 29% in FY2017."
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
