India's microfinance sector had surged about 30 percent in the fiscal FY20 with loan outstanding reaching to Rs 2.32 lakh crore before Covid-19 and lockdown started making its impact.source https://economictimes.indiatimes.com/industry/banking/finance/microfinance-sector-surges-about-30-in-fiscal-fy20/articleshow/76460068.cms
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