Monday, November 9, 2020

Microfinance industry sees 31% rise in loan portfolio at Rs 2.36 lakh crore in FY20: Report

According to Sa-Dhan's 'Bharat Microfinance Report 2020', the industry's loan portfolio outstanding as on March 31, 2020, had stood at Rs 2,36,427 crore. The year-on-year growth of loan outstanding in 2019-20 was 31 per cent, which is substantially lower than the growth of 41 per cent in 2018-19.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/microfinance-industry-sees-31-rise-in-loan-portfolio-at-rs-2-36-lakh-crore-in-fy20-report/articleshow/79135010.cms

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