This story is from December 19, 2022
Microfinance loans up 11% at ₹72k crore in July-Sept: Report
Microfinance loans in India grew nearly 11% to Rs 71,916 crore during Q2 of FY23, industry data showed.
Microfinance loans worth Rs 64,899 crore were disbursed during the year-ago period. In terms of volume, a total of 1. 81 crore loans were disbursed during July-September this year, as against 1. 85 crore in Q2FY22, the Microfinance Institutions Network (MFIN) report said.
Stay ahead in business with The Times of India. Check out Financial Calculators like SIP, PPF, FD, NPS and Mutual Fund Calculators.
Stay ahead in business with The Times of India. Check out Financial Calculators like SIP, PPF, FD, NPS and Mutual Fund Calculators.
Popular from Business
- Mahindra renames EV on IndiGo protest, to move court
- Eli Lilly to launch diabetes, obesity drug in India next year
- Indian billionaires' wealth up 42% in last financial year, says report
- PAN 2.0 for free! How to get PAN Card with QR code with address update online; step-by-step guide
- Stock market today: BSE Sensex opens over 100 points down; Nifty50 above 24,650
end of article
Trending Stories
- RBI cuts CRR: Will bank fixed deposit rates come down soon?
- HDFC Bank hikes MCLR by up to 5 basis points; here are the latest HDFC Bank lending rates
- Flipkart IPO on the cards in 12-15 months - likely to be largest share issue by a new-economy company
- ‘US Department of Justice has no business…’: Mark Mobius says US DOJ overstepped bounds on Adani case
- Stock market today: BSE Sensex opens over 100 points down; Nifty50 above 24,650
- UPI empowered marginal borrowers, boosted credit access: Study
- 'Doubt on credibility': IndiGo dismisses low ranking in global survey
Visual Stories
- NEET UG 2024 result awaited: Top 10 NIRF-ranked medical colleges of India
- 7 New Expected Bullet Train Routes in India
- 10 Upcoming High-Speed Expressways That Will Change Highway Travel In India
- 8 Transformational Indian Railways Projects You Shouldn’t Miss
- Why Sensex, Nifty50 Hit New Highs, M-Cap At $5 Trillion: Top Reasons
TOP TRENDS
UP NEXT
Start a Conversation
Post comment