Microfinance sector battles coronavirus pandemic to grow 17% year-on-year

The combined micro credit portfolio of all lenders stood at Rs 2,47,839 crore at the end of FY21 with banks accounting for 44% of the market. NBFC-MFIs contributed 32% to the total market size, microfinance industry association Sa-Dhan said.

from Economy-News-Economic Times https://ift.tt/3fUaf5N