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NBFC-Microfinance institutions top in market share: Here're the details

In terms of delinquency, banks have the lowest with a 30-plus delinquency at 0.50 per cent across all categories of lenders

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1 min read Last Updated : Aug 15 2019 | 11:13 PM IST

The microfinance industry’s loan portfolio stood at Rs 1.79 trillion in FY19, a growth of 40 per cent over the preceding fiscal year. Of this, the share of non-banking financial companies-microfinance institutions (NBFC-MFI) was the highest at Rs 68,156 crore or 38 per cent of the portfolio; banks came next with Rs 59,999 crore (which includes both direct and indirect lending) with a share of 34 per cent.

NBFC-MFIs also have the highest number of unique live customers and they top on parameters like the number of active loans, size of the portfolio and the amounts disbursed.

Topics : NBFCs

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