The massive jump in their gross portfolio cemented NBFC-MFIs' dominance in the sector with 38.5% market share. Only three months back, NBFC-MFIs regained their leadership in lending to the economically weaker section by overtaking banks. Banks enjoyed 35.7% market share at the end of December, according to a quarterly report published by Sa-Dhan, a microfinance industry body.source https://economictimes.indiatimes.com/industry/banking/finance/banking/microfinance-industry-grows-26-year-on-year-to-rs-3-24-lakh-crore-by-december-end/articleshow/98214179.cms
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