Monday, June 10, 2024

BANKING

The microfinance market expanded by a fourth in FY24 with asset quality showing significant improvement. The sector's gross loan portfolio grew 24.5% year-on-year to Rs 4.34 lakh crore at the end of March. The bad loan ratio fell to 7.9% from 8.6% a year back, according to industry data.

from Banking/Finance-Industry-Economic Times https://ift.tt/OvF1z8T
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