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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.
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.
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