MFIs disbursed Rs 63,968 cr in Q3; banks lead with 40% market share

Banks continued to lead, with 40% of the industry's market share

A quarterly review of the microfinance sector by Sa-Dhan, an association of microfinance institutions (MFIs), showed the total disbursement for Q3 (October to December) of the current financial year in the sector was Rs 63,968 crore. Banks continued to lead, with 40 per cent of the industry’s market share, followed by NBFC-MFIs with 32 per cent, small finance banks with 18 per cent, NBFCs with 9 per cent, while not-for-profit MFIs’ share was 1 per cent.