Tuesday, September 12, 2023

BANKING

Microfinance Institutions (MFI) in Karnataka have a loan portfolio of Rs 46,000 crore, with a 10% year-on-year growth, according to a report by the Association of Karnataka Microfinance Institutions. The report states that 89% of surveyed customers preferred MFIs over other lenders and 90% of loans were for income-generating purposes.

from Banking/Finance-Industry-Economic Times https://ift.tt/7boSPIO
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